Purchase Price
$375,000
Est Value
$460,000
Land Size
757m2
What’s better: good cashflow or solid growth?
The answer of course, for most people is BOTH!
Meet our clients Valentine and Preethi.
See, the couple had spent most of their lives on the sidelines and never invested in property.
Also…
They didn’t know how to identify emerging markets, so they were initially looking at doing new builds in Victoria.
That was until I had a short phone call with them… and they decided to get the Dashdot team’s help.
And time was of the essence, too.
Why?
Because the couple wanted to retire in 4-6 years!
And they needed $46k a year to pay the mortgage on their primary place of residence. That’s on top of the $42k a year they needed to cover their living expenses.
This meant we had to scale their portfolio fast, while setting them up for long-term growth.
So, what we did was find two very high-yielding properties to help preserve their borrowing capacity…
While also giving them strong capital growth that continues to build up their portfolio.
At a glance, this is how both properties have turned out in less than two years:
Property #1
Purchase Price: $375,000
Cash required for purchase: $104,970
Months Since Purchase: 22 months
May 2023 Bank Valuation: $460,000
Total % Growth Since Purchase: 22.67%
Total $ Growth Since Purchase: $85,000
Return On Capital Invested: 81%
Purchase Price
$545,000
Est Value
$628,000
Land Size
650m2
Yield
6.2%
Property #2
Purchase Price: $545,000
Gross Yield: 6.2%
Cash required for purchase: $121,330
Months Since Purchase: 13 months
May 2023 Bank Valuation: $628,000
Total % Growth Since Purchase: 15.23%
Total $ Growth Since Purchase: $83,000
Return On Capital Invested: 68%
See?
There’s really no reason to believe you can’t get growth and solid cashflow!
All you need is a portfolio growth plan…
Just like Val and Preethi had.
Now, that they’ve got so much movement towards their passive income goal…
Val is set to start with her semi-retirement within the next 4 years.
Only exciting times ahead for this couple!
And if you want the same thing for yourself…
Then book a free, no obligation, 15-minute session with us at: dashdot.com.au/discovery.
