media trying to pump the property market, page-13

Rogues,

OK maybe I came on too strong but I can email you my spreadhsheet where I calculate everything associated with a prospective Investment Property.

Basically, I take all known variables and estimates of variables which can only be guessed at or averaged and I bring it down to one figure which is a weekly cost to me.

I look at that weekly cost and I ask myself "Self! Can you afford to do without $XYZ per week?"

I then look at what sort of growth can be expected from this investment property (I am very conservative with these estimates, every property I own has greatly exceeded my initial projections).

What has happened in each case is that the input costs have been quite affordable initially and have diminished with time, eventually petering out to zero input required from my pocket (eventually positive influx to my pocket). Conversely, the actual asset value growth has exceeded any forecasts I made way back when.

If anyone wants the spreadsheet just post your email address and I'll email it.