Are you interested in earning a secondary source of income so you can retire comfortably?
So is our client, Michelle. Michelle is a fun, creative and talented woman. She’s married with two kids and lives with her family on Sydney’s North Shore. Michelle used to be an accountant but now she’s a Superhero Assistant. What’s a Superhero Assistant? Well, Michelle devotes her time to helping kids learn the truth of their being. She does this by writing a very special kind of children’s musical. These musicals have little characters to help children challenge and replace negative thoughts. These are the same thoughts children can experience that result in low self esteem and even depression. As you can imagine, Michelle loves what she does for these children. But she also loves her own family… and she wants them to live life comfortably, too. Which is why she wanted to build a reliable secondary income source from property.
She educated herself about the market and bought 3 properties, at a cost of over $1 million. But she wasn’t happy with her investments. That’s because they don’t generate a lot of cash flow. And they’re not providing the type of growth she wanted. So she decided to take another bite. And she turned to our team for help. Once she told us her goals, our team got quickly to work. Before long, we found the ideal property for her that had solid growth and strong cash flow – in line with her goals. In this instance, ROI was low because Michelle was a cash buyer.
Here’s how the numbers played out:
- Purchase Price: $300,000
- Gross Yield: 6.8%
- Cashflow: $12,714
- Months since purchase: 11
- December 2021 Bank Valuation: $324,000
- Total % Growth Since Purchase: 8.0%
- Total $ Growth Since Purchase: $24,000
- Return On Capital Invested: 11.3%
”⭐⭐⭐⭐⭐ “These guys are awesome. Completely professional, they hand held and supported me through the property purchase journey and are still supporting me through managing some unforeseen maintenance issues. Their customer service has been brilliant. They helped me negotiate a purchase price of $290K for a residential property that is renting out at $390 per week. I understand that there's already been some capital growth on the property a couple of months since the purchase, and there's also the potential for subdividing the property (as it's a corner block) at some point down the track. I would not hesitate in recommending Dashdot to anyone wanting to acquire property. Thank you!!!”MichelleThis is what Michelle had to say about us
Keen to explore your own property strategy?