http://reiwa.com.au/Buy/Pages/More-...1&listingid=10309777&listingno=3311369&puid=0
http://reiwa.com.au/Buy/Pages/More-...1&listingid=10309776&listingno=3311368&puid=0
http://reiwa.com.au/Buy/Pages/More-...1&listingid=10309774&listingno=3311366&puid=0
Agent asking 1,600,000 for all 3 sites, surely a bulk discount to 1,400,000 would be possible?
3400sqm means that av of 220sqm per unit is required = 15 units right?
so 1,400,000 + 70,0000 buying costs, 100,000 holding costs
180,000 total cost per unit x 15 = 2,700,000
total cost = 4,270,000
repayments pm, interest only @ 6% = 21,350
total end value of each unit 330,000 x 15 = 4,950,000
rent on reiwa says 400 pw x 15 = 24,000 pm
do the numbers sound good to the more experience out there??
- Blair
http://reiwa.com.au/Buy/Pages/More-...1&listingid=10309776&listingno=3311368&puid=0
http://reiwa.com.au/Buy/Pages/More-...1&listingid=10309774&listingno=3311366&puid=0
Agent asking 1,600,000 for all 3 sites, surely a bulk discount to 1,400,000 would be possible?
3400sqm means that av of 220sqm per unit is required = 15 units right?
so 1,400,000 + 70,0000 buying costs, 100,000 holding costs
180,000 total cost per unit x 15 = 2,700,000
total cost = 4,270,000
repayments pm, interest only @ 6% = 21,350
total end value of each unit 330,000 x 15 = 4,950,000
rent on reiwa says 400 pw x 15 = 24,000 pm
do the numbers sound good to the more experience out there??
- Blair