Purchase Price
$292,000
Est Value
$356,000
Land Size
600m2
Yield
8.2%
Let me tell you about Shaun and Erin, a married couple who live in Tasmania. They had 9-to-5 jobs… They hardly had time for themselves… Yet they weren’t making as much money as they wanted!
Sounds familiar?
So, like most people in this situation, they dreamed of building their wealth and finally leaving the hamster wheel. They even set a specific goal for it: Be financially independent in 10 years.
And to make it happen, Shaun and Erin decided to invest in real estate… Which is why they’ve already acquired a number of properties before coming to us.…But they wanted more.
The problem?
They didn’t have the time…
The expertise…
Nor the resources to find the right properties. Plus, Erin was absolutely terrified, especially with the idea of investing outside their backyard! You see, all but one of the couple’s properties are located in Tasmania.…And that one property they had outside their state didn’t end well.
That’s when we entered the picture!
We had a chat with them about what they wanted to achieve. They told us they wanted a property with high yields they can renovate. And, in turn, build equity into the property. But to make it happen… we first had to help Erin overcome her fears.
So, we did exactly that!
We then found them a fantastic property and it’s shaping up nicely.…Very nicely. In fact, it’s grown in value by $100,000 since its purchase and returned 116.8% on capital invested!
Property #1
Here’s how the numbers played out:
- Purchase Price: $292,000
- Gross Yield: 8.2%
- Cashflow: $2,142
- Cash required for purchase: $87,425
- Months Since Purchase: 9
- December 2021 Comm Bank
- Valuation: $392,000
- Total % Growth Since Purchase: 34.2%
- Total $ Growth Since
- Purchase: $100,000
- Return On Capital Invested: 116.8%
”⭐⭐⭐⭐⭐ “The Dashdot team have exceeded our expectations. The team at Dashdot has exceeded our expectations and made buying an investment so easy. We've had great support throughout the purchase right up to settlement and enough help after settlement. Having a team like Dashdot in your corner is a well worth decision, and would highly recommend their services.”
Shaun and Erin