$43,000 Bargain investment with 26% net yield
RESERVED. N Kenyon Avenue comprises two 2 bedroom units which are currently being refurbished to a high standard. Tenants have been line up for both properties and will be in residence well before closing generating a great net inome of $11,854 per annum. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price: $43,000 Buying Costs: $2,500 TOTAL OUTLAY: $45,500…
RESERVED. N Kenyon Avenue comprises two 2 bedroom units which are currently being refurbished to a high standard. Tenants have been line up for both properties and will be in residence well before closing generating a great net inome of $11,854 per annum.
Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!
KEY FIGURES:
Purchase Price: $43,000
Buying Costs: $2,500
TOTAL OUTLAY: $45,500
RENTAL INCOME: $14,400 per annum
OUTGOINGS:
Taxes: $626
Insurance: $480
Management: $1,440
TOTAL OUTGOINGS: $2,546
NET INCOME: $11,854
THE NET YIELD IS THEREFORE A FANTASTIC 26%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.
