Purchase Price
$240,000
Land Size
711m2
Value Prop
Renovation value ad, Granny flat, Solid Yield, Good Location
Yield
7.6%
Are you looking to start, or grow your property portfolio?
Perhaps you’ve already spent years trying to build wealth, only to find yourself stuck? Well, that’s exactly the position our clients Dane and Lauren found themselves in.
You see, despite the fact that they had been “in the game” for 8 years, when they came to us they had no real idea how to take the next step in their portfolio. Not only that, as a young couple, they have plans to move to Canada in the next couple of years to raise their family… so the clock was ticking.
The goal?
Set themselves up to not only increase their net worth, but to generate a reliable residual income stream, no matter where they are in the world. In order to do that, and to make sure we could continue to build a scalable property portfolio, we had to make sure we hit a solid yield point. Not only that, we also needed to make sure that there was strong capital growth prospects so that we could leverage the equity to expand the portfolio…
And not only that, we also wanted a “safeguard” value add that would allow us to accelerate their cashflow. So, that’s what we did. We managed to secure an investment grade property, in fantastic condition, in an extremely high demand market. In fact, the demand is so high that the rents in the area had increased by the time the property settled, pushing the yield up to 7.6% – AND the property was tenanted in just 2 weeks from settlement!
The added bonus?
There is scope to add a granny flat to this property, ensuring “cash cow” status for years to come. How would you like a property like that?
Property #1
Let’s take a look at some stats:
- Purchase Price: $240,000
- Gross Yield 7.6%
- Cashflow: $2,355.94
- Cash Required for Purchase: $74,700
- Months since purchase: 17
- December 2021 Bank Valuation: $300,000
- Total % Growth Since Purchase: 25%
- Total $ Growth Since Purchase: $60,000
- Return On Capital Invested: 83.5%
Now, as you can imagine, they are pretty stoked.
”⭐⭐⭐⭐⭐ “After 8 years and 4 properties in the property game, my partner and I found ourselves stuck; struggling to figure out our next move.
After stumbling across Dashdot's podcast "The Investor Lab" and listening to 20+ hours of insights into their approach to property investing and why they're doing what they do; I knew I wanted to work the Goose & Gabi.
From the first call through to well after the purchase of a property, the whole team at Dashdot has been there to help us and answer any questions.
Goose, Gabi & Nic were almost instant in their replies and were extremely knowledgeable when answering any questions we had.
Dashdot put us in touch with external professionals for every item that popped up, saving us time and effort of looking for ourselves.
I could sing their praises for days but in short, we've walked away with a property that's cashflow positive, has value add options and has massive capital growth predicted.
If you're looking to increase your net wealth exponentially with only about 5-6 hours of personal time invested, talk to the team at Dashdot.
10/10 Would recommend Dashdot to anyone looking to start or grow their property investment portfolio.”
Dane & LaurenThis is what Dane and Lauren had to say
