5-13 Ormond St
North Gosford
NSW
2250
Australia
Apartment
A02
Select Investment Property:
Physical Attributes
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Level:
3
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Status:
Available
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Compass:
East of Sydney
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Aspect:
North
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Title:
Strata
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Bedrooms:
2
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Bathrooms:
2 (1 Ensuite)
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Internal Area:
75
sqm
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External Area:
13
sqm
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Total Area: 88 sqm
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| Elevation:
47.2m above sea level |
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Views:
No
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Furniture Package:
No
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Parking:
1
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Start Date:
30/01/2012
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Completion Date:
30/11/2012
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Special Needs:
No
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On-Site Manager:
No
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Inspection Times:
Appointment Only
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Investment Property Overview
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This is an apartment property within the Valley View project. Includes a lounge room and laundry. Other features include air conditioning, stainless steel appliances and gas cooktop. The development has security building.
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The scope of this project is to develop a two tower multi-level apartment block with a total of 58 apartments over 6 levels including 82 basement car spaces. A Development Application (DA) has been approved by Gosford Council.
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Growth Information for
2250
Who Pays in the First Year
Average per year over 10 Years
Cash Flow Table
| Cash Flow | 1yr | 2yr | 3yr | 5yr | 10yr | Average |
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| Gross Rent | $14,377 | $15,038 | $15,730 | $17,211 | $21,550 | $17,749 | | Interest | $24,396 | $24,396 | $24,396 | $24,396 | $24,396 | $24,396 | | Expenses | $5,397 | $5,591 | $5,793 | $6,217 | $7,420 | $6,361 | | Pre-Tax Cash Flow | -$15,417 | -$14,950 | -$14,459 | -$13,403 | -$10,266 | -$13,008 | | | | Building Depreciation | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | | Fittings Depreciation | $6,000 | $3,000 | $2,000 | $2,000 | $1,000 | $2,000 | | Interest | $24,396 | $24,396 | $24,396 | $24,396 | $24,396 | $24,396 | | Expenses | $5,397 | $5,591 | $5,793 | $6,217 | $7,420 | $6,361 | | Loan Costs | $360 | $360 | $360 | $360 | n.a. | n.a. | | Total Deductions | $40,153 | $37,347 | $36,549 | $36,973 | $36,816 | $36,937 | | Tax Loss | -$25,776 | -$22,309 | -$20,819 | -$19,763 | -$15,266 | -$19,188 | | (Rent - Deductions) | | | | Tax Credits | $8,469 | $7,592 | $7,344 | $7,479 | $5,877 | $7,022 | | NRAS Credits | $7,522 | $7,868 | $8,230 | $9,005 | $11,275 | $9,286 | | Total Credits | $15,991 | $15,460 | $15,574 | $16,484 | $17,152 | $16,308 | | | | Annual Cash | $575 | $510 | $1,115 | $3,081 | $6,886 | $3,300 | | Weekly Cash | $11 | $10 | $21 | $59 | $132 | $63 | | | | Cap. Growth & Equity | 1yr | 2yr | 3yr | 5yr | 10yr | |
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| Property Value | $366,848 | $387,832 | $410,016 | $458,263 | $605,203 | - | | Loan Amount | $361,428 | $361,428 | $361,428 | $361,428 | $361,428 | - | | Equity | $5,420 | $26,404 | $48,588 | $96,835 | $243,775 | - | | | | Cash Invested | -$575 | -$1,085 | -$2,200 | -$7,357 | -$32,998 | - |
Investment Information
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