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Ok. I see what you did... and I very much appriciate hearing how you do that. I can see why working out yield on current val will help me compare where my money is best used. I haven't looked at net yield as a % yet but it's something I'll think about when finding IP2 which will probably be...

Thanks all. I had always thought of 'Positvely Geared' and CF+ as being two different names for the same thing. Now I see how they mean different things. Now I can describe my situation if asked! Winston, In my case I'm in a strata unit so most of the building maintenance will be allowed for...

Just having trouble knowing which way I'm geared in this senario. All my expenses (excluding depreciation) = $400 pw Rental Income $400 pw Depreciation $100 pw Am I... 1) Neutral because Rent = Expenses (the expenses I have to pay) OR 2) Negative because my Expenses (and Depreciation)...