Single Dwelling Positive Cashflow

Land purchase price
$190,000

Build 
$190,500

Total Purchase 
$380,500

Strategies
– Positive cashflow through high rental yield area. Projected rent is $420-$450.
– Projected cashflow after a very defensive calculation inclusive of all costs (letting fees, vacancy rate, Lenders Mortgage Insurance, etc):

At 80% borrowing 20% deposit: +VE $2168*
At 90% borrowing 10% deposit: +VE $1030*

*At 4% interest and 40% tax bracket

– More than 5.5% rental yield
– High growth area
Location Location is 200m from nearest bus stop, 2 mins from freeway entry, 2 mins from major shopping centre, 10 mins from major hospital, 21.3km from Perth CBD with 21min journey via public transport