22/39 Garfield Rd, Woodridge
2 1 1
Positive Geared + Walk to Train
CASH FLOW vs MORTGAGELoan 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