Correct- the net yield excludes Mortgage, because all lending situations are different – but they are all at least 2% cash positive.
These properties have been purchased in the last 12 months, (there are others) and are spread across three states in or accessible to regional centres.

A very good example of the need for due diligence – and personal knowledge. That is enormously appealing BUT I would suggest a drive through and inspection of the surrounding area, and then a chat to the local coppers.
You will get that return, and probably will always be able to rent it, but the tenants will most likely not be long term – the…[Read more]