Reply: 1.1.1
From: Lotana Von Amor
I am not trying to hijack the thread, but I would say if you can comfortably spend one third of your gross income on interest repayments, and assuming rental return of 7%, interest rate of 6%, interest only loan, $10K costs, and no outgoings you should be able to afford $222K worth of investment property.
Regards,
Lotana