A Property like This Can Pay for Itself Outright in Around 7 Years
One of our clients saw their property’s cash flow increase 192% in the first month. That translated into an extra $1,885 that month from their property, that’s around $22,000 extra per year, net.
This property was perfectly suited to short term letting and if they continue with this strategy they’ll be looking at about $50,000 annualised gross. Nearly half most people’s retirement income goal in just one deal.
Deal Details
Settlement Date: November 2015
Purchase Price: $549K
Location: Brisbane
How we chose this property:
Close to the CBD
Specific short term letting features
Walking distance to points of interest
Design features
Award winning developer
Rooftop amenity
Quality fixtures and fittings
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