Purchase Price
$305,000
Est Value
$399,000
Land Size
650m2
Yield
6.8%
Want to escape the 9 to 5?
Well, you’re not alone! That’s what our client Joel wanted, too. Still young, Joel lives with his folks. He’s a smart guy though and forward looking too! That’s because he knows that he doesn’t want to spend his entire life working in a job. So he knew that he had to find a way to make his money work for him. Sure, he could start a business. He might’ve chosen to invest in shares. But Joel decided to make property his pathway to financial independence. There was one big obstacle blocking his path though. Joel had zero experience or knowledge about the real estate market!
And being the smart chap that he is, he turned to us 🙂
During our initial chat Joel told us:
- He wanted to acquire two properties each year.
- He wanted a yield of at least 6.5% for each of his properties.
- And he wanted it to be a set-it-and-forget-it stream of income.
So, our high performance team got down to business. And the results have been fantastic. Joel’s first property with us has grown in value by 13.3%, with a gross yield of 6.9%. And it’s brought him an ROI of 75.7%.
All in 7 months!
Property #1
Here are more stats about the property:
- Purchase Price: $300,000
- Gross Yield: 6.9%
- Cashflow: $5,542
- Cash required for purchase: $60,194
- Months since purchase: 7
- December 2021 Bank Valuation: $340,000
- Total % Growth Since Purchase: 13.3%
- Total $ Growth Since Purchase: $40,000
- Return On Capital Invested: 75.7%
”⭐⭐⭐⭐⭐ “Great team!! These guys completely support you with every little step, from start to finish and ongoing. I came to them due to a few reasons and issues I had when trying to buy an investment property myself. I was stuck with not knowing how to appropriately choose an area, what factors I needed to look at. Additionally, this was the first property I ever bought, so I had no idea of what steps were involved. Dashdot not only helped me understand all the steps involved, but they managed to provide me with a valuable property, and I had tenants almost immediately after settlement. Can’t wait to work with them again!”
JoelThis is what Joel had to say
