22/39 Garfield Rd, Woodridge

Positive Geared + Walk to Train

CASH FLOW vs MORTGAGE

Loan on 159k at 5.5% interest only = $168/w
Rates = $ 25 /w
Water (reasonable estimate only) = $ 10/w
Body Corps = $50
Management = $22
Maintenance = $10

Total out goings = $285 / w

- RENT = $275/w

- Depreciation (estimate only) = $20/w

Total incoming = $295/ w

Cash flow Positive = $10 /w

9.6% return (based on $295/w x 52 weeks = $15,340 PA / $159k)


Note: this is based on the following;
- No increase in rents.
- No deposit.

Disclaimer: this is an estimate only and not to relied upon




* 2 BEDROOM TOWNHOUSE
* BRICK & TILE
* NEW TILES AND CARPET
* END UNIT
* LARGE BATHROOM
* CARPETED BEDROOMS
* CEILING FANS
* SHORT WALK TO WOODRIDGE RAILWAY STATION & SHOPS & SCHOOLS