Archive

Posts Tagged ‘2 bedroom’

Cash Flow Positive

June 11th, 2009

Here is your chance to buy a great 2 bedroom apartment (approx 49m2) in a near new building, for well below replacement cost.

Currently not rented however other 2 bedroom properties in the area rent for between $400 and $500 per week. This is a little smaller so work on the lower end and be super conservative and estimate rent at $350 pw.

The Building has a Pool and Gym which makes it popular with tenants and it is only a few minutes walk to Queen st.

The figures based on someone earning $60,000 per annum make the property cash flow positive by over $60 per week.

Cash flow positive people. Get in quick before it goes. Oh yeah….its only $190,000 beat that for a 2 bedroom

{+}

The rest of this article is available to premium members only.
Login or Become a member

[Membership Site Guarded by Membership Site Plugin MemberWing]

admin Uncategorized , , , ,