Once you work out the depreciation on the purchase price and what it will cost you to own this fine home at the end of the day how can you go wrong, better than a DHA investment and the rent can only go up, was rented with another agency prior to TPC taking over the property management. YOU COULD OWN THIS PROPERTY FOR AS LITTLE AT $55 PER WEEK OUT OF YOUR POCKET. Call now and we can send you the cash flow analysis and investment analysis breakdown.
($100k income pa (purchaser)
$50k cash invested
5.72% interest

Add this ideal investment to your must consider list.
Situated on a 700 sq metre block in ever popular Kirwan this 4 bedroom home is just what the astute investor should be looking for. All bedrooms are carpeted, built-in and air-conditioned, with an ensuite off the main as well. There are ceiling fans throughout.
The remainder of the house is tiled and the roomy main bathroom has a separate tub and shower.
A practical kitchen overlooks the combined dining and living rooms, enabling the busy entertainer to still mingle with guests.
The back yard is fully fenced and therefore private, but still has side access from the front.
This property is but a short drive from the ring road, Riverway, Willows, and all the facilities that Cannon Park has to offer.
Currently tenanted at $385 per week, this property id priced to sell at $430,000.

Call to arrange an inspection.

Investment Cost
Purchase price 430,000
Purchase costs 14,975
Loan costs 5,820
Total investment cost 450,795
Loan Details
Initial cash invested 50,000
Initial loan amount (total cost + any additional loan cash invested) 400,795
Loan type I/O (5.72%)
Interest payments 22,925
Total loan payments 22,925
Closing loan balance 400,795
Property Income and Expenditure
Rental income 19,620
Rental expenses 7,304
Net rental income (rent retained expenses paid) 12,316
Pre-Tax Cash Flow (net rent loan payments) -10,609
Tax Deductions
Cash deductions
Loan interest 22,925
Rental expenses 7,304
Non-Cash Deductions
Depreciation Building ($185,000 @ 2.50%) 4,625
Depreciation Furniture, fixtures and fittings 3,285
Loan cost write-off ($5,820 over 5 yrs) 1,164
Total Tax Deductions 39,304
Tax Credit Calculation
Present taxable income 130,000
Rental income 19,620
Total income 149,620
Rental deductions 39,304
New taxable income 110,316
Present tax 29,650
New tax 21,875
Tax credit or rebate 7,775
Annual after-tax investment (pre-tax cash flow + tax credit) $2,834
Weekly after-tax investment $55
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..