Cash flow positive property : Suburb - Shriro

Cash flow positive hotspot Shriro is on a CY 16 9% yield . The play is to borrow money interest only at 3.8% and get a 9% yield in this hotspot suburb. It is of special significance as if you are in a tax free environment the yield is 12.8% or if your tax rate is 30% they pay the tax for you !You won't have leasing fees, maintenance, cleaning, land tax, water rates, council rates, agents commissions, stamp duty, conveyance fees, debt collection fees . The suburb of Shriro has appreciated 25% in the last few months as investors discover this property hotspot. Excerpt from " How I made millions from cash flow positive property "