Rivergum Place
Maddingley
VIC
3340
Australia
House
2A Peelmans Lane
Select Investment Property:
Physical Attributes
|
|
|
Status:
Available
|
Compass:
North-West of Melbourne
|
|
Aspect:
North
|
Title:
Free Hold
|
|
Bedrooms:
2 + Study
|
Bathrooms:
2 (1 Ensuite)
|
|
|
|
House Area:
160
sqm
|
Land Area:
357
sqm
|
|
|
| Elevation:
105.1m above sea level |
|
Views:
|
Furniture Package:
No
|
Parking:
1 Lock up Garage
|
|
Start Date:
01/12/2011
|
Completion Date:
01/05/2012
|
|
|
|
Special Needs:
No
|
|
On-Site Manager:
No
|
|
Inspection Times:
Appointment Only
|
|
|
|
Investment Property Overview
|
This is a house property within the Rivergum Place project. Other features include air conditioning and stainless steel appliances. The development has security parking.
|
Ethan is building this new home which is due to be completed in May 2012. The design, sizes, colours and inclusions have been specifically chosen to meet curent market demands. Ethan has also obtained NRAS incentives for the homes, that will provide for an excellent investment opportunity over the next 10 years.
The townhouse adjoins and has great views over the Werribee river, with direct river frontage to the rear of the home and outlook is outstanding. Centrally located the development is in a well sought after area in the middle of Bacchus Marsh.
The construction has already commenced and the package will be sold under 1 single contract, 5% deposit payable and the remaining after the home is complete
|
Growth Information for
3340
Who Pays in the First Year
Average per year over 10 Years
Cash Flow Table
| Cash Flow | 1yr | 2yr | 3yr | 5yr | 10yr | Average |
|---|
| Gross Rent | $12,780 | $13,367 | $13,982 | $15,298 | $19,156 | $15,777 | | Interest | $21,990 | $21,990 | $21,990 | $21,990 | $21,990 | $21,990 | | Expenses | $4,197 | $4,349 | $4,505 | $4,835 | $5,771 | $4,947 | | Pre-Tax Cash Flow | -$13,408 | -$12,971 | -$12,513 | -$11,527 | -$8,605 | -$11,160 | | | | Building Depreciation | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | | Fittings Depreciation | $4,800 | $3,800 | $2,800 | $1,800 | $1,800 | $2,500 | | Interest | $21,990 | $21,990 | $21,990 | $21,990 | $21,990 | $21,990 | | Expenses | $4,197 | $4,349 | $4,505 | $4,835 | $5,771 | $4,947 | | Loan Costs | $324 | $324 | $324 | $324 | n.a. | n.a. | | Total Deductions | $34,511 | $33,663 | $32,819 | $32,149 | $32,760 | $32,799 | | Tax Loss | -$21,732 | -$20,295 | -$18,837 | -$16,851 | -$13,605 | -$17,022 | | (Rent - Deductions) | | | | Tax Credits | $7,196 | $6,957 | $6,720 | $6,488 | $5,238 | $6,271 | | NRAS Credits | $8,810 | $9,215 | $9,639 | $10,546 | $13,205 | $10,876 | | Total Credits | $16,005 | $16,172 | $16,359 | $17,034 | $18,443 | $17,147 | | | | Annual Cash | $2,597 | $3,201 | $3,846 | $5,507 | $9,838 | $5,987 | | Weekly Cash | $50 | $62 | $74 | $106 | $189 | $115 | | | | Cap. Growth & Equity | 1yr | 2yr | 3yr | 5yr | 10yr | |
|---|
| Property Value | $341,312 | $364,043 | $388,289 | $441,731 | $609,770 | - | | Loan Amount | $325,776 | $325,776 | $325,776 | $325,776 | $325,776 | - | | Equity | $15,536 | $38,268 | $62,513 | $115,955 | $283,994 | - | | | | Cash Invested | -$2,597 | -$5,799 | -$9,644 | -$20,000 | -$59,867 | - |
Investment Information
|