Here's the sums...SETTELD SUM $330K..fully renovated -beautifully 12 mths ago..
Gross PA rental $24,000 [460 p/wk ]
less strata PA $1200 - 4 storey/nolift-lot of st/cash
council/water PA $1200
insurance PA $550
total costs $2950.
net income $21,0500,= 6.37%
housing dropping in the inner suburbs sydney, page-14
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