#real estate bendigo
71C Strickland Road, Bendigo, VIC 3550
WALKING DISTANCE TO LAKE WEEROONA
56 Myers Street, Bendigo, VIC 3550
PRIME INNER CITY LOCATION!
A PRIVILEGED POSITION – IMMERSED IN TRANQUILITY
THE DRESS CIRCLE OF McIVOR HILL
CUTE AS – FABULOUS LOCATION
KENLY PLACE – EXECUTIVE TOWNHOUSES – PRIME CITY FRINGE
A PIECE OF BENDIGO S HISTORY – CIRCA 1872
IDEAL FOR FIRST HOME BUYERS, RETIREES INVESTORS
Cash Flow Strategy
A positive cash flow property is when the annual rental income covers the annual loan repayments of the property.
What does Negative Cash Flow mean?
A negative cash flow property is when there is a shortfall between the annual rental income generated and the annual loan repayments of the property.
How is it calculated?
Calculations are based using the selected loan percentage against the advertised selling price, using the selected interest rate and loan type, and the gross suburb rental return percentage (Rental yield provided by Hometrack).
When the projected weekly or monthly rental income is provided by the advertiser, the search engine will use this rental amount instead of the gross suburb rental return percentage within the calculation formula.
If the advertiser uses a price range within the selling price, the search engine will use the higher price range within the calculation formula.
Calculations do not include rental vacancies, management fees, council rates or other expenses within a 12 month leasing period.
All figures are approximates only and do not include tax implications.
While every care is taken for the preparation of the investment Content, the outcome of the Investment Property Search is to be only used as an indication. You should obtain your own financial and legal advice before making any investment decisions based on any Content obtained from the Web Site.
What does loan percentage mean?
The percentage loan amount you will owe the financier for the purchase of a property.
The calculations are based against the advertised selling price.
An interest only loan means that the borrower only pays the interest on the loan, leaving the initial amount borrowed outstanding at the end of the loan term.
What is a Principal & Interest loan?
A principal & interest loan is when the borrower pays the interest on the loan and a portion of the principal at each repayment, so the borrower will own the property at the end of the loan term.
Why is the Loan Type used within this search?
Because the loan type affects loan repayment amounts, the loan type is used to determine if a property has a positive or negative cash flow result.
When a Principal and Interest Loan is selected, the search engine calculates the first monthly repayment within the cash flow status.