CASH FLOW POSITIVE BY $122.00 P W - YIELD 9.29%

Listing Number:  1430
Posting Date:  19 April 2009






 
Price:$280,000
Listing:CASH FLOW POSITIVE BY $122.00 P W - YIELD 9.29%
Type:House
Category:Double Settlement
Bedrooms:4
Bathrooms:2
Region:Manawatu / Wanganui
Site Area:120 m2
Address: Login
Building Area:345 m2
Property Image

Description:

THE PROPERTY

This building comprises of 2 x 2 bedroom Flats, built between 1950 – 1959. Construction is weatherboard with a tile roof, with a carport and parking for both flats.



LOCATION

Situated in Stokes Valley, on the better side of the valley in "The Glen"



RETURN

Both flats are currently rented for $250.00 per week each returning $122.00 after outgoings. The interest rate used in the attached property analysis worksheet is that offered by Kiwi Bank on a 2 year fixed term.



This won’t last long so give me a call.

021-721960




Additional Documents:

Click to Download
Description: Property 8 year Analysis
File Size: 58 Kilobytes
Click to Download
Description: Property Summary Worksheet
File Size: 14 Kilobytes