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  • Profile photo of lionheart2000lionheart2000
    Member
    @lionheart2000
    Join Date: 2005
    Post Count: 7
    February 7, 2006 - 12:37 pm

    Im looking at residential property.

    For example:
    200k residential property
    returning
    $200 rent per week

    Including all depreciation claims, maintenance costs and other costs, interest payments and plan and non-plant items depreciation, how does one calculate that this will be a viable positive cashflow investment?

    Im sure I can work out all of the above.

    However, Im not sure on how to calculate paper deductions e.g. plant & non-plant items….

    Thanks

    Profile photo of lionheart2000lionheart2000
    Member
    @lionheart2000
    Join Date: 2005
    Post Count: 7
    October 4, 2005 - 11:39 am

    Hi,

    Frank : You mentioned that you can access statistics, demographics, etc on suburbs by going to “Property Reports” on
    http://www.realestate.com.au.

    These reports arent free. It would be so expensive if I needed to research a few suburbs at a time….

    Is there any alternatives… Im looking at Melbourne suburbs.

    Thanks for all your help

    lionheart2000

    Profile photo of lionheart2000lionheart2000
    Member
    @lionheart2000
    Join Date: 2005
    Post Count: 7
    March 7, 2005 - 12:05 pm

    Thanks for all your answers..

    I think that I should get my budget right first. Then, look for properties that are +ve cashflow. If I spotted one, how do I go about researching the town or area. Is there any reports that I could use to research about an area? Is it focussed on a particular town/suburb? Is there any access to statewide reports than just a town?

    Thanks
    Rich

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