LEGAL AUCKLAND HOME & INCOME – POSITIVE CASHFLOW & UNDER VALUATION!!!!
Listing Number: 1830
Posting Date: 29 October 2010
It is very rare that you can find a home and income in Auckland that is positive cashflow, under valuation and legal. This investment property includes a 3 bedroom main dwelling and a 2 bedroom minor dwelling. The property is under contract for $365,000 and is currently tenanted at $657 per week which gives a 9.36% Gross Yield. It also has a recent Registered Valuation of $396,000 which gives an immediate Equity of $31,000.