I have a Maths Problem.
I'm going to settle for 2 units 3rd Quarter 2015. I'm able to obtain offshore financing SGD loan. I need someone with better maths to help me. (1 in Melbourne and 1 in Brisbane)
a. 2 units @ 80% but slightly negative cash-flow.
b. 1 unit at 70% loan and have to reject the other unit. Nett Positive cash-flow.
I'm looking at dual currency account which allows me to convert to AUD when AUD goes up in 2016. For risks, there are some considerations which includes valuation for the OTP project which may not come through to match selling price. Rental returns may not match. I'm forecasting 4.5% for both.
Anyone with better maths can help?
I'm going to settle for 2 units 3rd Quarter 2015. I'm able to obtain offshore financing SGD loan. I need someone with better maths to help me. (1 in Melbourne and 1 in Brisbane)
a. 2 units @ 80% but slightly negative cash-flow.
b. 1 unit at 70% loan and have to reject the other unit. Nett Positive cash-flow.
I'm looking at dual currency account which allows me to convert to AUD when AUD goes up in 2016. For risks, there are some considerations which includes valuation for the OTP project which may not come through to match selling price. Rental returns may not match. I'm forecasting 4.5% for both.
Anyone with better maths can help?