Purchase Price
$370,000
Est Value
Land Size
959m2
Yield
6.5%
Ever experienced being on the outside of awesome, looking in?
Ashwin definitely has.
…And he didn’t enjoy it.
See, Ashwin is a 25-year-old property valuer from Melbourne.
But despite being in the property industry himself…
He’d lived with his parents all his life — without any rent…
Or a place to call his own.
And yet, he’s always had a strong interest in property investing.
The problem?
Ashwin was only looking at purchasing in his own backyard!
He must have learned this from his parents.
Both of whom are investors…
And both of whom had only purchased properties in Melbourne.
So, when he came to Dashdot for help in finally building his own real estate portfolio…
The first thing we did was open his eyes to all the opportunities that existed beyond his hometown!
Slowly but surely, Ashwin started to embrace the concept of borderless property investing…
And the benefits it can have in building a prolific, scalable property portfolio.
Eventually, he gave us the go-ahead to negotiate on a nice property in Western Australia.
Immediately after closing that deal…
The property was leased at the top end of the recommended rental appraisals!
Ashwin was impressed.
Even more so when we got to refinance his first investment to extract $22K in equity…
Which we rolled into another purchase just six months later!
As a property valuer, Ashwin had done his own due diligence on both properties…
And was thoroughly impressed by the level of research that had gone into choosing those properties and their area levels!
That’s why the impressive results of his investments didn’t come as such a surprise:
Property #1
Purchase Price: $370,000
Gross Yield: 6.5%
Cash required for purchase: $74,325
Months Since Purchase: 10.2 months
August 2022 Valuation: $423,000
Total % Growth Since Purchase: 14.32%
Total $ Growth Since Purchase: $53,000
Return On Capital Invested: 75.6%
Purchase Price
$332,000
Est Value
$352,000
Land Size
728m2
Yield
6.0%
Property #2
Purchase Price: $332,000
Gross Yield: 6.0%
Cash required for purchase: $67,039
Months Since Purchase: 4.8 months
November 2022 Valuation: $352,000
Total % Growth Since Purchase: 4.88%
Total $ Growth Since Purchase: $20,000
Return On Capital Invested: 28.5%
Now, Ashwin is very excited to continue his investment journey and develop his property portfolio further.
For sure, he’s no longer on the outside of awesome, looking in!
In fact, life is about to get even more awesome for him…
Since we’re already eyeing his next property investment as we speak.
Now, would you like us to help you the same way we’ve helped Ashwin?
Then book a free, no obligation, 15-minute session with us at: dashdot.com.au/discovery.
