Bank Valuation After 24 Months:
Do you desire a life of “more”?
But… maybe you’ve made a mistake before and you are desperate to make sure your next decision is the right one?
Well, let me tell you about an amazing young couple we recently had the pleasure of helping. You see, these guys were not new to the game… they already owned a couple of properties that they bought as PPR’s at different stages of their journey…
But the last purchase they made didn’t go so well, and by the time we first spoke, it was in negative equity. They needed help! More than this, being a young couple, they have big dreams of wanting to break free from the shackles of their jobs, raise a family, and live a life of impact. These are our kind of people!
But, of course, in order to do that, we had to help them to make a significant power move in their portfolio to set them up for future success…
Which we did!
Some key property stats:
- Purchase Price: $230,000
- Gross Yield: 6.1%
- Cashflow: $1,807
- Cash required for purchase: $48,778
- Months since purchase: 24
- December 2021 Bank Valuation: $342,000
- Total % Growth Since Purchase: 48.7%
- Total $ Growth Since Purchase: $112,000
- Return On Capital Invested: 233.3%
Not only that, the current tenant is paying under market rent… but based on market rent, this property will spit out a healthy 6.1% Yield!
Yes. You read that correctly.
”⭐⭐⭐⭐⭐ “My wife and I have been working with Dashdot for over 8 months. It has been a long journey to get to our first investment property and I could not imagine getting there without the help of Goose, Gabi and their team. We were more than impressed with the results we got from our first buy.
The only thing that out shined the results was the level of support and service they provided. Truly a great group to work with and we highly recommend them to anyone considering their next property investment”Bernie and Sarah