Bank repayments $245k x 4.89% = $ 230 pw
Rates $390 qtr = $ 30 pw
water $200 qtr = $ 15.50 pw
insurance $800 p/a = $ 15 pw
p/management $ 30 p/w = $ 25 pw

Total Cost = $ 315.50 pw

Rental income is $290 per week therefore cost to own is $25.50 per week.

Please note that these figures are indicative and an estimate only. Deprecation and tax offsets have not been used in this calculation.
Since the beginning of time property ownership has been the foundation of wealth and it always has been the ones that buy smart that succeed. The secret to financial independence through property ownership is to buy within your means so you are ready for the next opportunity when it’s presents itself. This home could simply be the foundations of your future portfolio as it offers a quality lifestyle in the suburb of Redbank Plains. Located on a big 713m2 fenced allotment offering plenty of room for anyone in need for some wide open spaces. This great backyard is complimented by a full length covered outdoor entertainment area big enough to entertain in style.
As for the indoors there is a beautiful modern kitchen with stainless steel appliances, open plan living and three bedrooms with the master being air conditioned for your comfort.

Simply a beautiful and modern kitchen
Three bedrooms with air conditioning to master
Open plan design living area
Covered outdoor entertainment area
Massive 713m2 yard
Minutes to Schools and Shops

If all this matches your criteria we urge you to book a viewing without delay as this property truly represents great value. Our Vendors our committed in achieving a quick sale, and at this advertised price I’m sure you agree that this one will not last long.