RETIREMENT CALC

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Property of the week

Here’s a sneak peek at what’s on our watchlist today
407 Hereford Street, Linwood, Christchurch City, Canterbury.

 

 
Price Asking price $399,000
Bedrooms 2 bedrooms
Bathrooms 1 bathroom
Property type Townhouse
Floor area 67m²
Land area 193m²
Parking 1 open car spaces

Every day we search the market for the best investment properties available. This one has made it to our watchlist, so we recommend you take a closer look.

You can see our quick financial analysis below, but further steps should be taken to verify our assumptions. 
If you’re interested in purchasing a rental property of your own, we’d be happy to help you find something amazing. 

 

 

These are our assumptions:

Purchase this investment property worth $399,000
With a cash deposit of $0.00
We expect capital gains at a rate of 4.00%
The average interest rate over 10 years will be 4.39%
Rents and expenses increase at a rate of 3%
We assume a rate of vacancy at 5%
Your weekly rent expectation in year one is $410.00
This is what we’ve calculated:
Gross yield year one 5.34%
Net yield year one 3.35%
You’ll have gained this much equity $165,401.41
Over the 10 year period your total cash flow will be -$23,730.27
That will be a weekly average cash cost of -$45.64
By year ten you will have made $141,671.14

Property Investors Club turns everyday kiwis into successful property investors and manages the entire process for them.

Other things:

Resources

Keen to get started? Learn more at our next property investment event.

Register for our next property investment talk in Christchurch

Contact Us

 

+0800 943 534

 

Property Investors Club
Stranges Lane, Cnr Lichfield & High Street

email@propertyclub.co.nz