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oh well, no - 18% is a stretch if it's just rental income - that'd be insane. think of all the folk that bought up there in 2001 when a PH house was $120k...

call T&R Homes - Paul Green Jump on their wait list. i'm #4 in line....:)

4x2 house and land package - $625k val - $850k min. rent MIN $1650pw - up to $1870pw. 1650 x 52 = $85,800. $85,800 ÷ $625,000 = 13.7%. PLUS instant CG from $625k cost to min $850k valuation = $225,000. $850,000 x 0.8 (available capital) = $680,000 $680,000 - $625,000 = $55,000 $85,800 +...

try 18%....