Reduce your taxable income/s through negative gearing taxation benefits, annual $5,000 tax-free cash payments from the Queensland Government and $15,000 in annual refundable tax offsets courtesy of the ATO.
Now Available for your SMSF!
This Duplex comes with 2 x $9,981 ($19,962) NRAS annual payments for the next 10 years plus CPI. Due for completion in July 2013.
NRAS Disc Rent is estimated to be $266pw for the 3br and $238pw for the 2br – Total combined weekly rent after NRAS and Property Manager = $504
Negative Gearing based on $10,000 per year = $192pw
Capital growth based on holding property 10 years = $640pw
Total income $1,336pw
Less:
Council Rates = $44pw
Loan Repayment = $562pw
(Borrow 100% of $546,400 + $6,135 Land Stamps = $552,535 @ 5.29% 3 year fixed Interest Only rate based on Westpac product and assumes using a 2nd property to access equity)
Total outgoings $606pw
**Cash-flow Positive by $729pw**
In addition to the positive cash-flow from negative gearing, you’ll also receive:
2 Quantum Incentives of $9,981 each totaling $19,962+CPI payable to you each and every year for the next 10 years
Strata-titled into 2 blocks at the end of construction paid by the developer and valued at $8-9,000.
$547,000 Value Today – $870,000 Value in 2023 **$330,000 Growth**
This to be constructed home is the last Duplex currently available in the Estate that come with 2 x Quantum NRAS Incentives.
Close to all amenities. This Duplex is air-conditioned and sold as tenant-ready.
153m2 + 101m2 = 254m2 combined living area.
More on NRAS Property For Sale visit http://www.nrasforsale.com.au
Call today for over-the-phone loan indicative approvals on 07 3666 0126 24/7.