Purchase Price
$465,000
Est Value
$574,000
Land Size
Ever hit an important goal only to discover it isn’t quite as fulfilling as you’d thought it would be?
Only to find out it’s not quite as fulfilling as it’s hyped up to be?
That’s exactly how Muz and Mandy felt after achieving the “Aussie Dream” of owning their own home.
You see…
The couple worked so hard to have a place to call their own…
And all it did is was drain them of cash and borrowing capacity.
So they changed directions and decided to make their money work for them.
And that meant happily giving up on the Aussie dream.
It might seem like a big dream to give up…
But not when you see what they traded it for:
Property #1
Purchase Price: $465,000
Cash required for purchase: $86,071
Months Since Purchase: 24
March 2023 Bank Valuation: $574,000
Total % Growth Since Purchase: 23.44%
Total $ Growth Since Purchase: $109,000
Return On Capital Invested: 132.19%
Purchase Price
$420,000
Est Value
$476,000
Land Size
566m2
Yield
6.3%
Property #2
Purchase Price: $420,000
Gross Yield: 6.3%
Cash required for purchase: $85,544
Months Since Purchase: 17
March 2023 Bank Valuation: $476,000
Total % Growth Since Purchase: 13.33%
Total $ Growth Since Purchase: $56,000
Return On Capital Invested: 71.05%
Purchase Price
$530,000
Est Value
$533,000
Land Size
774m2
Yield
5.6%
Property #3
Purchase Price: $530,000
Gross Yield: 5.6%
Cash required for purchase: $154,768
Months Since Purchase: 2
March 2023 Bank Valuation: $533,000
Total % Growth Since Purchase: 0.57%
Total $ Growth Since Purchase: $3,000
Return On Capital Invested: -3.07%
Mind you…
This is not yet counting the three properties they got before hitting their borrowing limit with previous brokers!
Thanks to their mindset and strategy shift towards reinvesting…
Muz and Manday now have six properties and a portfolio worth $10.6M to their name!
How’s that for setting up the future of their family?
Then book a free, no obligation, 15-minute session with us at: dashdot.com.au/discovery.
