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A common myth . . .
"A low purchase price makes an affordable investment property."
Affordability is determined by three (3) factors:
(1) The level of the investors income and the tax bracket they are in.
Investment solutions are determined by your own individual circumstances. These can be measured and calculated using a Property Investment Analysis (PIA). This is a computerized program used by Financial Planners, who apply the relevant data, provided from the research of professional investment property experts.
The PIA will calculate your cost of ownership as a "weekly holding cost", after the rent, depreciation and tax refunds are taken into consideration.The cost of a PIA analysis ranges from $395 - $495.
Why Property has access to Financial Planners who can assist.
For a FREE PIA please contact: financematters@whyproperty.com.au
(2) The income or rental derived from the investment property.
It is important that the rental assessment is accurate and credible. When appraising potential rental incomes, Why Property recommends you have an accurate range from lowest to highest and use the “ worst case “ scenario in a PIA.
Why Property has Property Managers who can assist.
For a FREE RENTAL APPRAISAL please contact resources@whyproperty.com.au
(3) The cost of funding
Because investment property is a capital intensive, the cost of funding is a very important factor.
In the current market with plummeting interest rates, it is important to have a good financial professional who not only understands how your circumstances have changed , they also need to know how credit policy and monetary supply will affect your investment decision.
Why Property has Specialist Financiers who can assist.
For a LOWER INTEREST RATE please contact liquidity@whyproperty.com.au
or SMS "LIQUIDITY" to 0488 297 285. |