robster replied to the topic What do you think of these figures? in the forum General Property 17 years, 5 months ago
I'm interested in these figures, out of interest. I mean, according to the book I'm reading (1mil in a year) the purchase price should only be $80k (rent div 2 x 1000). That would indicate this property would be a no go, is that correct? I mean, in reality also, is there such a thing as a place in Aus (anywhere!) for $80k anymore?Rob