Northland
First investment property
"What if I make a $400,000 mistake?"
Purchase
$380,500
RenovationProjected around $65,000
$32,000
Rent per week
$595
Cashflow
Positive from day one
Gross yieldOn purchase plus renovation
7.50%
From second-guessing every decision to trusting her own judgement.
Whangārei
Dual income property
Purchase
$670,000
RenovationTurnkey, nothing to manage
$0
Rent per weekAcross both dwellings
$1,085
Gross yieldOn purchase price
8.42%
Two incomes from one property, and no renovation to project manage.
Property Besties provides property investment education and support. These case studies reflect individual client experiences, are for educational purposes only, and are not personalised financial advice. Figures are specific to each property and each client's circumstances. Results will vary. Please speak with an appropriately licensed financial adviser for regulated advice.