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  1. O

    Second hand NRAS property

    My financial plan has my wife and I paying off our total portfolio of 6 properties and being debt free in 10-12 years. We plan to retire and live on the rent after that. Net after tax income in today's dollars should be around $75k pa. So no real exit plan barring some sort of catastrophe...
  2. O

    Second hand NRAS property

    Sorry for not being clearer. I meant the CF from the Gladstone property alone is positive $13k pa. The Townsville property is positive about $16k pa. I also have a Toowoomba NRAS property I didn't mention previously as it is single occupancy and I was responding to the questions about...
  3. O

    Second hand NRAS property

    I have 2 dual occupancy NRAS properties, both sourced through Euro73. 1 in Townsville.....valuation came in $9k short on a $530k property. That's well within acceptable limits to me. Property was tenanted from day 1 and has been a dream come true. 1 in Gladstone..........bank valuation...
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