16 Feb Sourced by Sound Case Study
Posted at 13:33h
in Case Studies
Brisbane & Sunshine Coast, QLD
4 Bed | 2 Bath | 2 Car – House x 2
Investor Brief and Strategy:
Solid returns on an affordable ‘buy and hold’ portfolio for our busy professional client.
Investment 1 Brisbane:
- Purchase price: $632,500 (Rented $600/w)
- Current appraisal: $850,000
- Gross profit: $217,500
Investment 2 Sunshine Coast:
- Purchase price: $580,000 (Rented $620/w)
- Current appraisal: $850,000
- Gross profit: $270,000
Read about our 15 Key Investment Drivers
What we liked:
Total gross profit: $487,500 in 2 years
Return on investors deposits/costs before tax: +160% over 2 years
On top of the outstanding growth, the rent was covering costs, making this portfolio cashflow positive/neutral.
Nice to see our clients making money while they sleep!
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