How do these deals stack up?

Viewing 6 posts - 1 through 6 (of 6 total)

BorgInvestor
Participant
@borginvestor
Join Date: 2005
Post Count: 51
May 30, 2005 - 6:29 am
Hey guys and gals. Can you give me your opinions on these deals:-
Property 1: $66,500 renting at $140 p/w
Property 2: $66,500 renting at $160 p/w
Property 3: $112,500 renting at $220 p/w
Capital growth looks at around 4-5%pa
No major maintenance needed pest and building inspections ok.
Borg
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
May 30, 2005 - 6:43 am
Do you really need to ask?
They look fine to me.
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]
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BorgInvestor
Participant
@borginvestor
Join Date: 2005
Post Count: 51
May 30, 2005 - 6:50 am
Im just a bit worried about the lower potential growth. I guess you cant have high rental yields and high cap gains as well.
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
May 30, 2005 - 7:22 am
Yes you can. 4-5% is healthy growth especially in the current market and with the yields you outlined.
The Mortgage Adviser
http://www.themortgageadviser.com.au
[email protected]
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Don Nicolussi
Participant
@don
Join Date: 2005
Post Count: 1,086
May 30, 2005 - 9:36 am
come on borginvestor (nice name by the way) what country are these deals in???? please don’t assimilate me into the collective consciousness for asking!!!
Don Nicolussi | Property Fan
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Learning, having fun and doing it!
BorgInvestor
Participant
@borginvestor
Join Date: 2005
Post Count: 51
May 30, 2005 - 11:24 am
Heheh… Resistance is FUTILE!!