Simple Property with Positive Gearing

Bacchus Marsh, VIC

Simple Property with Positive Gearing

Bacchus Marsh, VIC

Overview

  • Buyer Agent
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages

Description

  • Brand new 4b, 2b, 2c House & Land​
  • Low rental vacancy​
  • High rental yields​
  • 55% capital appreciation in 1.5 years​
  • Property value in 1.5 years = $600,000

Gross Profit in 1.5 years

$214,000

Property cost$386,000 (Land – 136k)
Stamp duty​$3800​
Legals + Others​$2000​
Buyer Agent Fee​$15,000​
Loan (80%)​$292,000​
Rental ($420/week)​$21,840​
Management fee (6.6%)​$1,441​
Council+Water+Insurance​$3,400​
Interest on loan(6%)​$17,520​
Depreciation​$10,000​
Taxable income​$10,521​
Tax credit (39%)​$4103​
  • Address Bacchus Marsh, VIC
  • City Sydney
  • Zip/Postal Code 3340

Details

Updated on May 20, 2024 at 2:32 pm
  • Bedrooms: 2
  • Bathrooms: 2
  • Garages: 2
  • Property Type: Buyer Agent

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Contact Information

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Vivek Trivedi
  • Vivek Trivedi

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Vivek Trivedi
  • Vivek Trivedi