Allow me to do the math for you!
1. 2 x 2 Bedroom units, each with its own courtyard.
2. 2 Established Tenancies
3. Total Gross income of $27,820 per year - gross yield of 11.13% approx
4. Total expenses of approx $6,870/year
5. Total Nett income of $20,950/year - nett yield of 8.06% approx - without having to lift a finger!
Freshly painted, new gutters and downpipes, electrical upgrades where needed - sign the contract, sit back, and enjoy the return on a great investment.
Property Code: 1370
