$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…

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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.