So investors, 300k mortgage at say 7% to allow for another 4...

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    So investors, 300k mortgage at say 7% to allow for another 4 increases this year.....
    about $1750 month
    rent out say 400 week
    costs the investor $40 week...plus say 4k incidentals etc
    $100 week costs or there abouts, nottoo bad.
    On the 420k property so long as it goes up .011% p.a hes in front.
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    Wait...let me get this straight. You insert $120k of your own cash into an investment and then pay $100 a week to keep it and that's "not too bad"

    Property has its advantages I'll agree, but the deal you listed is a shocker, I wouldn't touch that with a 10 foot pole.

    Not to mention I think you got your figures wrong...it would have to go up by around 1.2% pa, not your claimed .011% simply to break even...
 
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