Approximately $20,000 less than comparative sales
PAID: $200,000 (Approximately $20,000 less than comparative sales)
CURRENT VALUE ESTIMATE: $220,000
RENTAL RETURN: $280
RENTAL RETURN AS A PERCENTAGE OF COST: 7.28% Annual
WEEKLY MORTGAGE REPAYMENTS AT 80% LEND: $144.76 week (Interest only)
RESULTS:
ADDITIONAL WEEKLY INCOME: $23.31 week
AVAILABLE EQUITY IN PROPERTY: $20,000