Annualised with assumptions:
Growth: 2.64% compound (20% over 7 years)
Yield: 5.0%
Neg Gearing: 1.0%
Total Return: 8.64% pa
Average mortgage interest expense 2002 - 2009: 7.2%
Net Return: 1.44% pa
Assume 5% deposit on $300K IP: $4,320 return pa on $15,000 invested or 28.8%...