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Property Cash Flow, Comprehended
Why does the property with the bigger price tag cost less to own?
In short
- A free report on reading a property cash flow: the numbers to check first, and what a cash flow can leave out.
- Two examples side by side, on the same assumptions, so you can see how much the inputs change the answer.
- Questions to ask before you sign anything.
Someone may hand you a cash flow that looks tidy and confident. My free report shows you how to read it, which numbers to check first, and what it might be leaving out.
It also puts two homes side by side. A dual income property in Tweed Heads, about $1.56 million, pays its owners about $90 a week. A single house and land in NSW, about $1.33 million, costs its owners about $252 a week. That is year 2, with an 80 per cent loan at 6.12 per cent and today’s tax law, based on the assumptions in the report. If the Bill before Parliament passes, the dual income property pays about $228 a week and the single house costs about $53.
Eleven short pages, each with a short version for when you only have a minute, and eight questions to take with you before you sign.
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What we assumed
| Example 1 | Example 2 | |
|---|---|---|
| What it is | A brand new dual income property in Tweed Heads, northern NSW: two homes on one block. | A single house and land build in NSW: one home on one block. |
| Price | $1,556,964 (land $839,000 and build $717,964). | $1,332,949 (land $768,000 and build $564,949). |
| Rent a week | $2,000 for the two homes together. | $1,325 for the one home. |
| Interest rate | 6.12 per cent, the 30-year average. Interest only for the first 5 years. | 6.12 per cent, the 30-year average. Interest only for the first 5 years. |
| The two loans | 80 per cent loan: you pay the deposit and buying costs in cash ($346,200). Everything borrowed: the deposit and buying costs are borrowed too. | 80 per cent loan: you pay the deposit and buying costs in cash ($298,202). Everything borrowed: the deposit and buying costs are borrowed too. |
| Stamp duty | On the land only ($31,942). | On the land only ($28,747). |
| Build time | 10 months, with no rent until the homes are let. | 10 months, with no rent until the home is let. |
| The owners | A couple earning $150,000 and $90,000, who own it half each. | A couple earning $150,000 and $90,000, who own it half each. |
| Everything else | Running costs and growth are MRD’s assumptions. Every other cost uses the tool’s standard settings. | Running costs and growth are MRD’s assumptions. Every other cost uses the tool’s standard settings. |
Get a feel for us first.Mentoring with hands-on experience since 1997, with you before you buy, while you buy and after.
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