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Nathan Birch - 11.5% yield unit in FN QLD for $90,500 positive cashflow in cairns
Not having a go at Nathan, it is purely my thoughts about why I do not like regional towns. As the risk is so much greater but so can the rewards to.- Big Will
- Post #21
- Forum: Property Investment - Other
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Nathan Birch - 11.5% yield unit in FN QLD for $90,500 positive cashflow in cairns
With the 4.4k going to owners corp each year and only gaining (17.6k for 4 years) and only gaining 9.5k, you are actually behind 7k which you would need to take off the rental gains. With rent of $36,000 ($180 pw for 4 years w/ 2 weeks letting) you really are 29k positive less loan. 80%...- Big Will
- Post #18
- Forum: Property Investment - Other