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  1. rugrat

    Whats your buffer?

    For me to rent a 3 bedder house in Canberra (assuming I could even get one with a labrador and 2 cats) it would cost me at LEAST $400p/w but up to and exceeding $500p/w. My mortgage repayments a less then that. I have looked at renting mine out and moving into a rental, but it is definitely...
  2. rugrat

    Whats your buffer?

    Well my PPOR comes in at -0.5% (postively geared if we rented it). My (yet to be built) IP (I am counting my chickens here ;) ) comes to approx 1.7%
  3. rugrat

    Whats your buffer?

    OK. sorry, misunderstood. So If I am out of pocket approx $150 p/w - $7800 p/a (conservative estimate, may be considerably less dependant on real expenses and rental income). Purchase price is $418k. Current value $460k (approx - keep in mind it still isn't sctually finished being...
  4. rugrat

    Whats your buffer?

    Ours will be negatively geared, so my break even point would only occur if rates dropped back down to 'historical lows' again ;)
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