Townsville Property Is On The Move…

This home could cost you $2 a week to own.
If you are serious investor then this has to be the package to look at. A brand new 4 bedroom home, with ensuite and robes to all rooms. The home comes complete with turf, cloths line, letter box, airconditioning throughout, driveway and all floor coverings. Located in the popular Riverparks Estate you can’t go wrong with the location and the price. Ring agent today and ask him how you can get your investment portfolio off the ground.

pics are for illustration purposes only

PRICES CAN BE SUBJECT TO CHANGE. CASH FLOW ANALYSIS AVAILABLE ON REQUEST.

Investment Cost
Purchase price 369,900
Purchase costs 5,500
Loan costs 5,320
Total investment cost 380,720
Loan Details
Initial cash invested 40,000
Initial loan amount (total cost + any additional loan cash invested) 340,720
Loan type I/O (5.72%)
Interest payments 19,489
Total loan payments 19,489
Closing loan balance 340,720
Property Income and Expenditure
Rental income 20,384
Rental expenses 7,082
Net rental income (rent retained expenses paid) 13,302
Pre-Tax Cash Flow (net rent loan payments) -6,187
Tax Deductions
Cash deductions
Loan interest 19,489
Rental expenses 7,082
Non-Cash Deductions
Depreciation Building ($184,950 @ 2.50%) 4,624
Depreciation Furniture, fixtures and fittings 3,560
Loan cost write-off ($5,320 over 5 yrs) 1,064
Total Tax Deductions 35,819
Tax Credit Calculation
Present taxable income 130,000
Rental income 20,384
Total income 150,384
Rental deductions 35,819
New taxable income 114,565
Present tax 29,650
New tax 23,553
Tax credit or rebate 6,097
Annual after-tax investment (pre-tax cash flow + tax credit) $90
Weekly after-tax investment $2
Disclaimer: Note that the computer projections listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a guarantee of future performance. Although the information is provided in good faith, it is also given on the basis that no person using the information, in whole or in part, shall have any claim against Prudent Property Group – Townsville and TPC, its servants, employees or consultants..