I'm looking for a site or book that contains all the maths used in the property purchase process including; yield calculations, GST etc.
Is there something like this around?Maths for the buying AND property development process . . . ..
Simple stuff really. There are not too many forumlas – not enough for a book anyway.
Yield is return divded by cost. so $5000 rent pa from a $100,000 property is 5%.
GST doesn't apply to residential property, only to new. 10% of sale price.
You may also be able claim inputs too.Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
http://propertydevelopmentsource.com/2bfree/2008/03/02/property-development-spreadsheets-anyone/
Has a spreadsheet with the big 6 report for $4.95
Haven't tried buying it just what they stated — http://propertydevelopmentsource.com/thebig6.html
You may find an appropriate spreadsheet at
http://www.somersoft.com/forums/showthread.php?t=26452http://www.spreadsheet123.com/ExcelTemplates/fixup-houses.xls – doesn't have GST but looked good.
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