Both pharmacists, initially looking tobuy their first home.
Instead bought 2 properties with myhelp, and topped up and boughttwo pharmacies, one in New Lynn,one in Tauranga!
|2 Bedroom Unit||3 Bedroom Unit|
|$615k Purchase Price||$40k Renovation Cost|
|Old Rent $430/wk||New Rent $560/wk|
|3.5% Gross Yield||4.3% Gross Yield|
|New Valuation $780k|
|Equity made $125k|
|2 Bedroom Unit Half Section||3 Bedroom Unit|
|$625k Purchase Price||$50k Renovation Cost|
|Old Rent $420/wk||New Rent $590/wk|
|3.4% Gross Yield||4.4% Gross Yield|
|New Valuation $820k|
|Equity made $145k|