single income investment scenarios
please note: scenarios for couples are very similar
SCENARIO 2
Johnny earns $100,000 per year from his current employer. He borrows the whole purchase price of $325,000 plus the outgoings of stamp duty, legal costs, loan costs etc, leaving him with a total loan of $337,942.
| ANNUALISED COSTS | ANNUALISED INCOME | |||
| Loan-Interest only @ 5.74% | $19,398 | Rent $256 x 52 weeks ($320 @ 80%) |
$13,312 | |
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| Rates | $2,200 | |||
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| Body Corporate | $1,350 | Tax Cut (between the difference of income of $50 000 and $30,513) |
$6,536 | |
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| Rental Fees | $1,024 | |||
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| NRAS Fee | $1,000 | |||
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| PLUS NRAS | $9,400 | |||
| Total Expenses | $24,972 | Total Income | $29,248 | |
TOTAL SURPLUS PER YEAR ($29,248 less $24,972) = $4,276
Johnny earns $82.20 per week by purchasing an Aztec Terrace. In this scenario, Johnny’s investment unit EARNS HIM MONEY FROM DAY 1! Historically data illustrates that on average real estate doubles every 7 to 10 years creating a great capital gain on your investment, meaning in 7 to 10 years time, Johnny's property could be worth $650,000 plus he has received at least $82.20 per week for 10 years.
PLEASE NOTE: You MUST make your own enquires regarding the contents of this page.
SURPLUS PER WEEK $82.20
Johnny earns $82.20 per week by purchasing an Aztec Terrace. In this scenario, Johnny’s investment unit EARNS HIM MONEY FROM DAY 1! Historically data illustrates that on average real estate doubles every 7 to 10 years creating a great capital gain on your investment, meaning in 7 to 10 years time, Johnny's property could be worth $650,000 plus he has received at least $82.20 per week for 10 years.
PLEASE NOTE: You MUST make your own enquires regarding the contents of this page.
DISCLAIMER: No warranties or representations whatsoever are made by Aztec Developments (Qld) Pty Ltd regarding the accuracy of the information on these pages.
Professional advice should always be sought before making investment decisions.
Professional advice should always be sought before making investment decisions.
