Another sight unseen buyer - thanks D.T. #2!

Discussion in 'Property Management' started by Magnet, 14th Apr, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
Page 2 of 2
  1. Magnet

    Magnet Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    375
    Location:
    Sydney
    Hi @cherubym I calculate my yield including my depreciation and all costs and based on our income. So this is my actual yield not just a rough calculation.
     
    Magnet, 27th Nov, 2016
    #21
  2. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    Worth noting that it was a very new property so lots of depreciaton and very little maintenance. Small block though.

    More commonly in the area are older properties (60s) on development sized blocks so depends on what your strategy / risk profile is. The former seems to have worked well for Magnet :)
     
    D.T., 27th Nov, 2016
    #22
    Magnet likes this.
  3. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    Property still going strong, new tenants in who are equally great :)
     
    D.T., 25th Jul, 2017
    #23
    Magnet likes this.
  4. Magnet

    Magnet Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    375
    Location:
    Sydney
    Will give us a nice healthy tax return this year! ;)
     
    Magnet, 25th Jul, 2017
    #24
Page 2 of 2