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Hi tokenfunder I meant to SHOW tht it cost $12k before you got some tax back. That's what I see. People focus on the aftetax net return, but be aware of the full cost. Most spruikers, don't tell you they used 48.5% to work out the tax return, and blurt out the net figure as if it's fact...

Look that's a rough guide. Rent goes up, or starts off more than I've said, your cost comes down... A new house has higher depreciation so a higher expense, helping again A cost effective renovation on a house might add more rent etc etc Sooner or later the rent should overtake the...

it's easy man.... use this as a guide change numbers to suit & do the maths.. Purchase price + 6% purchasing costs = LOAN AMOUNT (say $318k) Expenses INTEREST Interest Rate (say 6%) x LOAN AMOUNT = $19080 COUNCIL RATES = $1000 WATER RATES = $1000 INSURANCE = $1000 MAINTENANCE =...