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Hi IV, I was responding to China's post (quoted the wrong one) saying he was forecasting 3% return on his retirement property portfolio. My example to try and show perhaps he is overly pessimistic and may want to reset expectations and calculations at a "worst case" at 4% and optimistic best of...

China, My 3BR unit in Melbourne (a notoriously low yield city) cost me $280k to buy last December and gets $300 per week. Even at 48 weeks occupancy (so a WHOLE MONTH vacant EVERY year) less $1,500 running costs and 10% for PM costs and other incidentals still leaves me better than 4%...

Awesome going Oscar. Maybe time to revive the "lick the marshmallow" thread too :D The Y-man