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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.
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Property Buyer's Agent and Co-Founder at You&Me Personalised Property Services