8.6% YIELD, $90,000 BELOW SEPT 08 CV, POSITIVE CASHFLOW

Listing Number:  1495
Posting Date:  22 July 2009






 
Price:$395,000
Listing:8.6% YIELD, $90,000 BELOW SEPT 08 CV, POSITIVE CASHFLOW
Type:Home and Income
Category:Assignment
Bedrooms:5
Bathrooms:2
Region:Auckland
Site Area:153 m2
Address: Login
Building Area:602 m2
Property Image

Description:

3 bedroom home and a 2 bedroom minor dwelling. Potential to freshen up but rented as is for $650 per week.

Looking for cashflow and a generous discount then this is a great property. Easy to rent property.

3 Bedroom home has a 3 year old kitchen installed.Interior could do with a re paint.

Minor dwelling needs new carpet.

The numbers
September 2008 CV $485,000
Purchase price $395,000
Weekly rent $650 (House $370pw, Unit $280pw)
Deposit $12,000
Assignment fee $7000inc GST

Call me on 09 550 4757, 0272 888 080 or email szone@ihug.co.nz