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That's all very true. Normally though, when you find high cashflow, the capital growth is not so apparent and that's where an investor gets tested. Let me post a hypothetical. Would you rather buy, say, a short lease 8% net yield CBD (let's say Syd/Melb/Bris/Perth) small strata title...

Well the purpose of this post is clearly to look at cashflow irrespective of gearing. If someone has small equity and high gearing and still achieves high cashflow, that means they've done more with less.

Why wouldn't you ask, what's the bet that people are blatantly lying?

This is an interesting thread. Given how obsessed some here are with cashflow, it's an interesting revelation.