Investors I'm gonna let you in on a little secret, there's people investing in leasehold and they're making a packet of cash. Here are the numbers:
- 40sqm approx.
- 1-bed, 1-bath
- Ground Rent: $8,056.80/annum
- Operating Expenses: $5,476.36/annum
- Auckland Council Rates: $1,381.24/annum
- Rental Income: $400/week
- Net Annual Income: $5,887/annum
What do you reckon, do you want to make some cash?
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