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$60 a week is probably about right in Perth. $500k property renting for $500 a week Rent = $500 x 52 = $26000 Rates = $2k Water = $1k Property management = $3k Insurance = $2k Interest = $26000 Depreciation = $? Grand total is negative $8000 out of pocket, which is $150 a week...

I'm in Perth and use Cjay (Corey) in Adelaide - helped me get way more houses than i thought i'd be able to get.