Love your passion! Can’t defend any of those initiatives right there! With NRAS you can opt out of the scheme and return your rental rates to market value easily.

Your advice still stands, it always pays to be diligent in your research because circumstances change especially with governments.

So applying that logic to NRAS property investments could mean that selecting an investment that strikes a nice balance of cash flow and predicted capital growth to insulate you in case you wish to opt out of the scheme.

Hi Rod,

I'm involved in the development of some NRAS calculation software and being a CTO I'm coming more from the calculation and numbers side of things and in my opinion it does stack up in most cases.

There are some key points to consider when continuing your research of NRAS properties:

• Understand that not all NRAS approved developments will apply the government incentive the same way.
• That being said there are some organizations out there that do introduce a 'standard' that is used across all developments that adopt this certification.
• 20%-25% is the usual amount your rent needs to be discounted by to be eligible.
• There is in some cases an annual 'audit managers fee' that needs to be factored into your costs.
• In some cases there is an additional upfront Application fee. (to factor in your costs)
• Vacancy rate is an important factor … some high vacancy rates can nullify the NRAS benefits.
• Because the bonus amount ($9140 this year) is fixed regardless of property price, low cost affordable properties perhaps offer greater returns.
• You can opt out of the NRAS scheme if it's not working for you.

Our website (in sig) discloses all of this information and allows you to adjust things like vacancy rates to get good idea of the performance you could expect. You can do this for free across our full range of NRAS stock. Have a play around with the variables, check out the graphs as part of your research. The software lets you 'turn off NRAS' to compare performance with or without participating in the scheme.

I hope this has been helpful.

Kind Regards

Hello,

I would like to suggest our software also.

We are new to the market place with a website offering free property evaluation and comparison tools specifically for property investors. I am the CTO and lead developer for the software and if anyone has any questions or is interested in giving feedback , it would be most welcome.

Using the software you can search and filter specific investment properties listed or syndicated with our site. Including NRAS developments.

Properties can be shortlisted for better comparison. We provide , I believe, all the necessary calculations done for your financial situation against the properties you select. We offer several key visual representations in graph form as well as full property disclosure. At no cost to you, the investor.

We are currently working on the ability to have this information exportable to PDF as a printable report and this functionality will be avilable by the end of Feb.

B2B options are available for the interested buyers advocates, mortgage brokers and financial planners out there.

Please visit the website in my signature for more information or go direct to the property list page here.

Kind Regards