NRAS dual income properties available DomaCom Dashboard

PDF brochure Email A Friend Bookmark Create Alert Virtual Tour


Double Nras Dual Occupancy Completed ' Smsf-ready ' Geraldton Wa Suburb Beresford - $440,000


House For Sale: 3/2 Ord Street, Beresford3 Bed | 3 Bath | 2 Car | Floor: 131m2 | Land: 260m2



Date Available: Reduced!

Reduced from $485,000 to $440,000.

This dual occupancy home was completed late 2017 and is tenant-ready. Suits SMSF buyers wanting the annual $22,228 in tax free cash and tax incentives each and every year for the next 8.3 years.

Situated 424k's distance to the Perth CBD this brand new home includes 2 x 8.5 Yr NRAS incentives from Questus.

Geraldton has a resident population of 37,000 people.

Rents (based on rental valuations):

2br market rent $270pw less 20% NRAS disc = $216pw
1br market rent $180pw less 20% NRAS disc = $144pw

Total NRAS rents $360pw + $427pw NRAS value = $787pw or $40,947pa

12-Month property growth as at December 2017 - 21.08% source CoreData

Gross rental yield - approx 9.3%

Weekly expenses including 2 x property management, 1 x insurance, 2 x Questus fees, 1 x council and water rates - $126

Stamp duty payable $15,342

Estimated Annual Cash Positive after all expenses of $18,800+ (based on $82,500 income pa)

Estimated Annual Tax Savings of $27,700 (includes negative gearing and NRAS tax benefits)

Contact Robert on 1300 859 075 for full details on this opportunity.
  • Air Conditioning
  • Broadband
  • Built In Robes
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Energy efficiency rating
  • Fully Fenced
  • Garden
  • Newly Built

Zoning: Residential


Calculator Overview Property Investment Analysis


Verifying...

About this Investment Property

This property is assessed as cash-flow positive PA (2017 ABS incomes) by: Personalise
Expected tax benefits from buying this property PA (NegGear & NRAS):
8.4-Year NRAS Value:
(Incentive/s 0% and rent/s 0%)
Includes CPI
Purchase Price:
Deposit:
Stamp Duty:
Total Market Rental Incomes P/W:
Total NRAS Disc Rental Incomes P/W:
Number of NRAS Bonuses available:
Property Management, Insurances & Rates P/W:

Rental Yield And Annual Growth

Rental Yield:
Annual Growth Rate:
Rule of 72 (Years to double in value):

Profit & Loss Calculations (Annualised)

Loan Amount (Inc Stamp Duty, Legals & Lender Fees):
Interest Rate I/O PA:
Loan Interest PA:
Loan Repayment PW:
Est. Legals & Lenders Fees:
Depreciation PA:
Investment Expenses PA:
Total Deductions PA:
Net PA Loss/Gain:

Single Year Cash-flow - Before & After Comparison (Negative Gearing Calculation)Enter Your Incomes Here

Before this Property Purchase
Primary Earners PA Taxable Income: Use this income to assess and see changes above Enter Your Actual Income
Partners PA Taxable Income: Use this income to assess and see changes above Enter Actual Partner Income
Income Tax Payable PA (Primary Earner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Income Tax Payable PA (Partner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Primary Income After Tax:
Secondary Income After Tax:
After this Property Purchase
Suggested Ownership (Primary Earner):
Suggested Ownership (Partner):
Income Tax Payable PA (Primary Earner):
Income Tax Payable PA (Partner):
Primary Income After Tax:
Secondary Income After Tax:
Upshot
Est. Tax Saved PA (Neg/Pos Gearing):
*Doesn't include LITO

Effect of this Property on Owners Income Taxes

Est. Tax Saved PA (Negative Gearing):
NRAS Refundable Tax Offsets PA:
NRAS State or Territory Cash Payments PA:
Upshot
Potential Tax Reduction or Increase PA:

Effect of this Property on Owners to be Debt-Free Enter All Your Debts Here

Click here to open debt table pop-up (balances and minimum repayments required)
Total debts & loans required to be paid out
Total existing monthly payments:
Upshot
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments) using the net surplus from this property.

Positive Outcome/s from Buying this Property

Potential Reduction or Increase in Income Taxes
Projected Capital Growth over 10-years:
Projected Property Value after 10-years:
8.4-Year NRAS Value:
(Incentive/s 0% and rent/s 0%)
Includes CPI
Potential Interest Savings on your home loan (based on loan balance):
Surplus income: (Annual Rental income - Annual Expenses) - (loan repayment per annum) + tax_saved
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments)
Investing current monthly payments of per month for remaining term of years when you are debt-free, potentially earns an additional in income.

Effect of this Property when buying in a SMSF

Loan Amount @ 80% LVR: Enter Reduced Amount
Minimum combined balance/s in Super Fund/s to purchase:
Interest Rate I/O PA:
Loan Repayment PA:
Total Market Rental Income/s PA:
Total NRAS Disc Rental Income/s PA:
NRAS Refundable Tax Offset/s PA:
NRAS State or Territory Tax-free Cash Payment/s PA:
Property is assessed as cash-flow positive PA (excluding any Tax considerations) by:
Projected Capital Growth over 10-years:
Projected Property Value after 10-years:
8.4-Year NRAS Value:
(Incentive and rent/s)
Includes CPI

 

Enquire Now


Robert Kirk Download vCard
Phone: 1300859075
Mobile: 0403 577 353
rkirk@empowerhousing.com.au
Listing ID
Address
Name*
Email*
Phone*
Enquiry*

Disclaimer: Accessing and using any information from this site is on the condition you read and agree to the following. Before making any financial commitment to any property you should seek professional advice from a qualified and registered financial advisor. While every attempt is made to keep the information accurate and current, this site should be used to locate properties of interest to carry out further investigation as to the viability and suitability of the investment property to your personal situation. Indicative returns on investment are just that ‘indicative’ being based on information provided from third parties in regard to sale price and expected rent to be obtained. They are not deemed to be the final return once all other costs e.g legal fees, stamp duty, rental fees, utilities connections and the like associated with buying a new home are added in. Using links from this site to other web sites and the like means you are accessing information from sites we have no control over, we will not be held liable for any loss incurred from the use of information from this site and outbound linked sites. Management of Empower Housing Group and Empower Housing Group WA April 2014.

Is NRAS for me?
How does it work?
The next step...