TRIPLE TREAT - CASHFLOW POSITIVE PORTFOLIO

24A, 24B & 24C Gordon Road, Western Heights
Price: $825,000

3 x STANDALONE 80sqm WELL-MAINTAINED CASHFLOW-POSITIVE HOMES

Advert Listing Price $41,000 below New Current Registered Valuations of $280,000 each House = $41,000 Instant Equity ($13,666 each property) DO THE $MATH$:

* Rental Income $56,500/year ($1085/week)

* Est Mortgage (70%LVR @ 5% Int): $29,000/year

* Rates $2420/$2460/$2430pa

* Practically the perfect gold-standard Yield of 7% HAS THERE BEEN A BETTER TIME TO INVEST?

* Mortgage interest rates lowest since World War II !

* Banks returning back to 70% LVR approvals on Rentals

* Rotorua has highest 5-year capital gain for entire Waikato/BOP regions

* NO signs of the market slowing down !

* Chronic shortage of rentals (so Landlords able to pick great tenants)

* And remember, it can be safer to own three inexpensive rentals than one expensive rental! NOTE: GOVT's NEW RING-FENCING LEGISLATION is definitely taking affect from 1st April this year and two things are clear:

* Property Expense spending before 31st March will still allow that investment loss to flow through to a tax refund - after 1st April that expense is ring-fenced ... so move quickly!

* If you currently own negatively-geared property, from 1st April it will make sense to off-set that against a positively-geared property like this.

MORE PROPERTY SPECIFICS:

24a - Lockwood Initial home with semi-closed-in carport & small deck

24b - Conventional house with roomy deck and roomy carport

24c - Lockwood Initial Home with small deck and roomy garage

Each Dwelling has a 1/6-share of 2911sqm

Insulation Compliant - Tick

Heating Compliant - Tick

All respectful responsible Tenants all keen to stay and a great Property Manager to look after your investment if required.

Property Summary
Area:House area: 80 sq. m
Agency reference:DH0004
Web site:Click here »
Property ID:2017
Seller Details
Name: Debbie Harrod
Company: Property Ventures
Phone: 09 361 3501
Mobile: 021 810011
Email: Contact the seller »
Website: www.propertyventures.co.nz/
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