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Reply: 1.2.1 From: Paul Zagoridis On 7/24/01 9:31:00 PM, James Carvosso wrote: >Paul, >How did you calculate the 4%. >I get 3.9% when using $400k or >4.9% when using the $320k. Are >you saying that 4.9% means the >rent is over valued? In which >case $250 per week is more >likely? It seems a...

Reply: 1.1 From: Paul Zagoridis $400K for a $300 per week rent return is a red flag to me. Most suburbs in Oz capital cities should do at least 4% gross rent. It sounds like the the $320K "wholesale" is more likely the realistic current value. Regards Paul Zag Dreamspinner