A 3 bedroom, 1 bathroom house in Wellington across 80m² of floor area, priced below its $550,000 CV at $439,000.
Currently returning $600 per week, with day-one cashflow of $45 pw after all expenses. Suitable for investors seeking an affordable entry-level Wellington asset.
| Purchase price | $439,000 |
| Capital value (CV) | $550,000 |
| Weekly rental income | $600 pw |
| Annual gross income | $31,200 pa |
| Gross yield | 7.0% |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Floor area | 80m² |
| Land | 1/3 share of 1,062m² |
| Council rates | $1,563.58 pa |
| Insurance | $3,138.00 pa |
| Cashflow positive | $45 pw |
* Cashflow figures are based on 100% borrowing at current interest rates and after expenses including rates, insurance, and property management. Individual results may vary. This information is provided as a guide only and does not constitute financial advice.