Deals
23 Ardoyne Street, Corinda
Gross Realisation: $1,700,000.00
Purchase Price: $1,446,500.00
Holding costs: $56,874.71
Purchase Expenses: $31,625.00
Total Costs (approx): $1,534,999.71
Net Profit: $165,000.29
Return on Costs: 10.75%
4 x 3 bed, 2 bath, double garage
Land: $260,000
Build: $606,000
Total: $914,000
Market Value: Appraised at $1,210,000
Instant Equity: $296,000
Return on TDC: 32.4%
Market Rent: Appraised at $1,320pw
3 bed ($380pw each)
Average yield in suburb: 5.0%
Rental yield on cost: 7.5%
Strathfield Terrace, Taperoo
Gross Realisation: $1,230,000.00
Purchase Price: $1,065,000.00
Holding costs: $36,333.85
Purchase Expenses: $19,580.00
Total Costs (approx): $1,113,119.69
Net Profit: $116,880.31
Return on Costs: 10.50%