3 bed, 2.5 bath Stand Alone House in Karaka, Auckland, New Zealand2021-05-26T02:09:02+00:00

Project Description

Investment Property in Karaka, Auckland, New Zealand

  • Stand alone 3 bed, 2.5 bath
  • Tandem garage plus off street park
  • Purchase Price $960,000
  • Rent achieved $700 per week (tenants moved in a day after the settlement)
  • No cash deposit, just used equity
  • Settled in Feb 2021
This property is cashflow positive by $78 a week after ALL the expenses and assumptions.*

The weekly top up is calculated based on the following assumptions:
  • Actual rent achieved
  • Interest only loans
All other expenses such as rates, repairs, maintenance, insurance, property management, accounting fees, and others are taken into account. So there are no SURPRISES for our clients.

Project Details

Categories: