WE UNDERSTAND THE INFORMATION INVESTORS NEED
Rent Appraisals All of our properties come with two independent rental appraisals. Ask the selling agent for more information.
Rental Guarantee At El Jumi Investments we're so confident in our product and our knowledge of the local market that we can take the guesswork out of what rent you will achieve for your new property. As an option, we will guarantee that your property will be tenanted for a period of twelve months at an agreed rent. Ask the selling agent for more information.
Property Depreciation Schedule All of our properties also come with a depreciation schedule so you can better analyse your new purchase. See the sample below. Note: The below information is provided as a best to likely case example. Please conduct your own research and speak with your accountant and solicitor. A Quantity Surveyor Report would be required to confirm and substantiate the depreciable expenses. | Assumptions | | | Land
|
| $50,000
| Building Costs
|
| $140,000
| Depreciable Items
|
| $34,950
| Purchase Price
|
| $224,950
|
|
|
| Rent per week
|
| $250
| Interest Rate
|
| 6.5%
| Amount Borrowed
|
| 80%
| Building Rate
|
| 2.50%
| Depreciable Items Rate
|
| 13% | Tax Rate
|
| 30.00%
|
|
|
| Cash Flow
|
|
| Income
|
| $13,000
| Rental Income
|
|
| Expenses
|
|
| Body Corporate (incl building ins)
| $700
|
| Council Rates
| $850
|
| Interest
| $11,697
|
| Repairs & Maintenance
| $0
|
| Water Rates
| $720
| $13,967
| Cash Shortfall over a year
|
| -$967
|
|
|
| Cash Shortfall
|
| -$967 | Building Write Off
|
| $3,500
| Depreciable Items
|
| $4,544
| Net "Loss" for Taxation
|
| $7,076
| Tax Refund
|
| $2,123
|
|
|
| Summary
|
|
| Yield
|
| 5.5%
| Cash Shortfall
|
| -$967 | Tax Refund
|
| $2,123
| Positive Cash Flow
|
| $1,155
|
|
|
|
|
