Hi Benny

Thanks for your reply, that is really helpful. I figure that I need to start somewhere so comparing with a spreadsheet will help me to increase my knowledge and experience if nothing else.

I hadn’t thought about insurance, thanks for that catch!

The figures are actually real figures. Most of the units are in an area where I am expecting strong capital gain over the next 5-10 years. The other properties look better for cash on cash etc, but the area is not expected to have any (or very little) capital gain so that is part of my decision making. Cash return now, or growth later.

Thanks again, appreciate hearing from others.

Regards

Trevor