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  • Profile photo of etoraetora
    Member
    @etora
    Join Date: 2008
    Post Count: 2

    Hi Marc
    Thanks for the inciteful and quick reply, the apartment cost is $250000 asking price, and as mentioned before the weekly rent is $350 pw….

    we plan to put a deposit of $10000 and also will be putting in $1200 per month each so $2400 per month which equates to about $28,000 per annum…

    but after looking at the figures you pointed out sounds like we will be recieving much less in rental income then i initally used in my calculations…. back to the drawing board,,

    by the sounds of it maybe a house around that mark may  be a better solution?

    Marc , do you have any investment properties that are apartments? or do you mainly deal in house's

    i would also be interested in how you started out your journey in investing.. i am always interested in other peoples journeys and experiences and am for ever asking questions , so dont mind me haha

    thanks for your time 
    William

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