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Author
With over 17 years of experience in the Perth property market, Heath Bassett brings a winning attitude to his role as Co-Founder of You&Me Personalised Property Services. A dedicated Defence Force veteran and passionate property investor, Heath thrives on challenges and is committed to securing the best outcomes for his clients. He's known for his honest approach, excellent communication skills, and unwavering dedication to providing a stress-free buying experience.
How home buyers make profit from property
Calculation after our first buyer’s agent consultation
Video transcript
Here’s a little snapshot of how the calculations took place after
the initial personalised consultation.
So, the deposit that our client had was $70,000.
The land component: $287,000.
And the build component after going through the builders was $234,500,
with a total cost of $521,500.
The rental yield expected was 5.19 to 5.38%.
The comparable sale is currently in the area are anywhere
from 570,000 $595,000,
which means it’s an instant equity of $49,000 to $73,500.
The mortgage repayments based on the average investment PMI
is $2,090 per month,
with a rental income expected at $2,080 to $2,160 per month.
So there you have it guys,
if you’d like to learn how this could be a reality for you, too.
Click the link below to book your free consultation today.
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Property Buyer's Agent and Co-Founder at You&Me Personalised Property Services