Page 126 - The-Mortgage-Maximiser-Method-by-Thomas-Ilinkovski

^ĞĞ ƚŚĞ ƚĂďůĞ ďĞůŽǁ͘

House Strata Unit
Cost ΨϰϮϬ͕ϬϬϬ ΨϰϮϬ͕ϬϬϬ

Weekly rent ΨϰϮϬ ΨϱϬϬ
Annual rent ΨϮϬ͕ϴϬϬ ΨϮϲ͕ϬϬϬ

Gross yield ϰ͘ϵϱй ϲ͘ϭϵй
Less Council rates ΨϮ͕ϬϬϬ ΨϮ͕ϬϬϬ

>ĞƐƐ ĂŐĞŶƚ ĨĞĞƐ ϴй Ψϭ͕ϲϲϰ ΨϮ͕ϬϴϬ
Less maintenance Ψϭ͕ϬϬϬ ΨϱϬϬ

Less body corporate fees 0 Ψϱ͕ϮϬϬ
Less building insurance ΨϴϬϬ ΨϬΎ

Less landlord’s insurance ΨϰϬϬ ΨϰϬϬ
EĞƚ ŝŶĐŽŵĞ Ψϭϰ͕ϵϯϲ Ψϭϱ͕ϴϮϬ

Net yield ϯ͘ϱϱй ϯ͘ϳϬй

Ύ WĂŝĚ ďLJ ƚŚĞ ďŽĚLJ ĐŽƌƉŽƌĂƚĞ

/Ŷ ƚŚĞ ĂďŽǀĞ ĞdžĂŵƉůĞ ǁĞ ĐĂŶ ƐĞĞ ƚŚĂƚ ǁŚŝůĞ ƚŚĞ ƐƚƌĂƚĂͲƟƚůĞĚ ƵŶŝƚ ŚĂƐ Ă ŚĞĂůƚŚLJ
grŽƐƐ LJŝĞůĚ ŽĨ ϲ͘ϭϵй ĂƐ ƚŚĞ ƌĞŶƚ ŝƐ ΨϴϬ ƉĞƌ ǁĞĞŬ ŚŝŐŚĞƌ ƚŚĂŶ ƚŚĞ ŚŽƵƐĞ͕ ƚŚĞ
ŚŝŐŚ ĐŽƐƚ ŽĨ ŽĚLJ ŽƌƉŽƌĂƚĞ ĨĞĞƐ ƌĞƐƵůƚƐ ŝŶ ƚŚĞ ŶĞƚ LJŝĞůĚ ŶŽƚ ďĞŝŶŐ ƐŝŐŶŝĮĐĂŶƚůLJ
ĚŝīĞƌĞŶƚ͘

/Ŷ ƚŚŝƐ ĐĂƐĞ͕ Ăůů ƚŚŝŶŐƐ ďĞŝŶŐ ĞƋƵĂů͕ / ǁŽƵůĚ ůĞĂŶ ƚŽǁĂƌĚƐ ƐĂĐƌŝĮĐŝŶŐ ƚŚĞ
ŵŝŶŝŵĂů ĚŝīĞƌĞŶĐĞ ŝŶ LJŝĞůĚ ƚŽ ŐŽ ǁŝƚŚ ƚŚĞ ŚŽƵƐĞ ŐŝǀĞŶ ƚŚĂƚ ŚŽƵƐĞƐ ƚLJƉŝĐĂůůLJ
ŚĂǀĞ ďĞƩĞƌ ĐĂƉŝƚĂů ŐƌŽǁƚŚ ƉƌŽƐƉĞĐƚƐ͘

^ŝnjĞ ŽĨ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ

tŚĞŶ ŝƚ ĐŽŵĞƐ ƚŽ ƉƌŽƉĞƌƚLJ ŝŶǀĞƐƚŵĞŶƚ͕ ƐŝnjĞ ĚŽĞƐ ŵĂƩĞƌ͘ zŽƵ ŶĞĞĚ ƚŽ ĐŽŶƐŝĚĞƌ
not oŶůLJ ƚŚĞ ƐŝnjĞ ŽĨ ƚŚĞ ƉƌŽƉĞƌƚLJ͕ ďƵƚ ĂůƐŽ͕ ƚŚĞ ŶƵŵďĞƌ ŽĨ ƐŝŵŝůĂƌ ĚǁĞůůŝŶŐƐ

that are in the same complex or estate. This has more of an impact than you
ŵŝŐŚƚ ƚŚŝŶŬ ʹ ĞƐƉĞĐŝĂůůLJ ǁŚĞŶ ŝƚ ĐŽŵĞƐ ƚŽ ƟŵĞ ƚŽ ƐĞůů͘

ǀĞŶ ŝĨ LJŽƵ ĂƌĞ ŝŶǀĞƐƟŶŐ ǁŝƚŚ Ă ůŽŶŐͲƚĞƌŵ ŚŽůĚŝŶŐ ƐƚƌĂƚĞŐLJ ŝŶ ŵŝŶĚ͕ ďƵLJŝŶŐ

ŝŶƚŽ Ă ƵŶŝƚ ďůŽĐŬ Žƌ ĞƐƚĂƚĞ ǁŚĞƌĞ ƚŚĞƌĞ ĂƌĞ ĚŽnjĞŶƐ Žƌ ŚƵŶĚƌĞĚƐ ŽĨ ƐŝŵŝůĂƌ
ƉƌŽƉĞƌƟĞƐ ŽŶ ŽīĞƌ ŵĞĂŶƐ ƚŚĞƌĞ ŵŝŐŚƚ ďĞ ƐĞǀĞƌĂů ŽƚŚĞƌ ƐŝŵŝůĂƌ ƉƌŽƉĞƌƟĞƐ ĨŽƌ
ƐĂůĞ Ăƚ ĂŶLJ ŐŝǀĞŶ ƟŵĞ͘ tŚĂƚ ƚŚŝƐ ĞƐƐĞŶƟĂůůLJ ŵĞĂŶƐ ŝƐ ƚŚĂƚ ŝƚ ŽŶůLJ ƚĂŬĞƐ ŽŶĞ
ĚĞƐƉĞƌĂƚĞ ƐĞůůĞƌ ǁŚŽ ǁĂŶƚƐ Ă ƋƵŝĐŬ ƐĂůĞ ƚŽ ďƌŝŶŐ ĚŽǁŶ ƚŚĞ ƉƌŝĐĞ ĨŽƌ ĞǀĞƌLJŽŶĞ
else.

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