A New South Wales investment property purchased with $83,000 of equity from day one.
Property Type
Free standing house
State
New South Wales
Settlement date
September 2024
Purchase Price
$837,000
Bank Valuation
$920,000
Day-One Equity
$83,000
Day-One ROIC*
67.48%
Gross Yield
4.3%
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
<1.1%
Total cash/equity used
$123,000