Dear guys,
Here is a checklist that I use to evaluate properties.
The numbers I use in the top right hand corner are a useful calculator for working out the 12 month gross rental based on the weekly rate.
From this I use it as my own ready reckoner on evaluating a price I am happy paying based on the yield.
Every state in Australia is happy with different yields so feel free to put in your own figures.
Thought you might find it useful.
Cheers,
Sunstone.
Here is a checklist that I use to evaluate properties.
The numbers I use in the top right hand corner are a useful calculator for working out the 12 month gross rental based on the weekly rate.
From this I use it as my own ready reckoner on evaluating a price I am happy paying based on the yield.
Every state in Australia is happy with different yields so feel free to put in your own figures.
Thought you might find it useful.
Cheers,
Sunstone.