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g' day bruce, a 755,000 i.p. would cost you 18,800/a. out of pocket. you would be better off looking in another town or city. 755,000 in one residential i.p. would scare the shyt out of me.

bbruham. please post the cost of a house in your area and the rent you are able to charge for that house and i'll work it out to see if will work. need an amount of personal income as well - does not have to be exact or real.

my view on the benefits of negative gearing it's worked for me, i now have several i.p.'s eg:- personal income 40,000 taxable 8,980 tax 31,020 net to live on with a i.p. costing 160,000 ( in my area ) with you own home...