​ADDITIONAL WEEKLY INCOME

​ADDITIONAL WEEKLY INCOME

PAID: $450,000 (Approximately $50,000 less than comparative sales)
CURRENT VALUE ESTIMATE: $500,000
RENTAL RETURN: $360 

RENTAL RETURN AS A PERCENTAGE OF COST: 4.16% Annual
WEEKLY MORTGAGE REPAYMENTS AT 80% LEND: $338.54 week (Interest only)

RESULTS:
ADDITIONAL WEEKLY INCOME: $21.46 week
AVAILABLE EQUITY IN PROPERTY: $50,000

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