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!
Before |
After |
|---|---|
| 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 |
Before |
After |
|---|---|
| 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 |