ADDITIONAL WEEKLY INCOME!
PAID: $320,000 (Approximately $30,000 less than comparative sales)
CURRENT VALUE ESTIMATE: $350,000
RENTAL RETURN: $400
RENTAL RETURN AS A PERCENTAGE OF COST: 6.25% Annual
WEEKLY MORTGAGE REPAYMENTS AT 80% LEND: $221.05 week (Interest only)
RESULTS:
ADDITIONAL WEEKLY INCOME: $76.95 week
AVAILABLE EQUITY IN PROPERTY: $30,000