A Queensland investment property purchased with $52,000 of equity from day one.
Property Type
Free standing house
State
Queensland
Settlement date
January 2025
Purchase Price
$630,000
Bank Valuation
$682,000
Day-One Equity
$52,000
Day-One ROIC*
31.33%
Gross Yield
5.1%
Loan-to-value ratio
80%
*Includes deposit, stamp duty and all settlement costs; legal fees, B&P, BA fees, government and council fees.
Vacancy rate in area
<1%
Total cash/equity used
$166,000