A New South Wales investment property purchased with $44,000 of equity from day one.
Property Type
Free standing house
State
New South Wales
Settlement date
October 2024
Purchase Price
$797,000
Bank Valuation
$841,000
Day-One Equity
$44,000
Day-One ROIC*
36.97%
Gross Yield
4%
Loan-to-value ratio
90%
*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
$119,000