How Our Client Made an Extra Salary for 4 Years
One of the clients in our Lifetime Mentoring Program bought this property in 2012. Picking the right property, in the right suburb, can create seriously good returns. Over $200,000 in under 5 years!
Purchase Date: October 2012
Purchase Price: $442K
Latest Value: $650K
Equity Gain: $208K
Rental Yield: 5.7% gross
How we chose this property:
- Blue-chip location
- Undersupplied suburb
- Amazing amenity/location
- Specific design features
- Capital growth prospects
- Positive cash flow after tax
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