NRAS dual income properties available DomaCom Dashboard

PDF brochure Email A Friend Bookmark Create Alert


Duplex /dualocc /dualkey ' 2 Nras ' Perth Suburb Caversham ' H & L Package - $455,000


House Sold: 2/41 Suffolk Street, Caversham4 Bed | 2 Bath | 2 Car | Floor: 210m2 | Land: 310m2



Date Available: Under Contract HWContract Structure: Split Contract

**Lowest priced Dual Occupancy Double NRAS property available in Australia today!**

This single level to-be-constructed full turn-key house and land package is for property investors that wish to reduce income tax using NRAS tax credit/s, NRAS cash and negative gearing tax benefits.

Each property comes with a different facade, alternate colour scheme and more!

The Lilac estate in Caversham is located within the City of Swan 20 kilometres north east of Perth City. It has a population of approximately 2,693+ with a median age of 34, all of whom reside in the picturesque Swan Valley region.

Nearby schools include Caversham Primary School, Corridors Secondary College, East Beechboro Primary School, Governor Stirling Senior High School, Guildford Primary School, Lockridge Primary School, Midland Primary School and West Midland Primary School, making Caversham a convienent location for those with children or those looking to raise a family.

Layout is 3x1x1 + 1x1x1

This dual occupancy property is a 3 bedroom, 1 bathroom, 1 car home with an adjoining 1 bedroom, 1 bathroom, 1 car fully self-contained studio for $455,000

Full turnkey includes carpets, tiles, blinds, light fittings, fencing, landscaping, 2 x clotheslines and double letterbox.

Not suitable for single contract SMSF buyers as these are offered on 2 contracts.

NRAS incentives from Questus have up to 8 years remaining by the time the property is ready for tenanting. With CPI, that could be as high as $200,000 in tax credits and tax free cash courtesy of the Australian Government!

Market rents (based on realestate.com.au 31/3)
3 bedroom home (suits a family) $350 pw
1 bedroom home (suits a couple) $250 pw

Discounted for NRAS rents (Questus 20%)
3 bedroom home $280 pw
1 bedroom home $200 pw

NRAS value based on $11,114 pa (2017/2018)
3 bedroom home $214 pw
1 bedroom home $214 pw

Total annual income from rents and incentives = $908 pw x 52 wks = $47,216

Gross annual returns 10.26%

Land price $235,000 - $10,000 rebate = $225,000 (rebate applied to the build price)

Stamp duty on land $6,752
Council rates $1,800 annually
Water rates $962 annually
NRAS Questus fee $1,222 annually
Property management fee $66 weekly

Talk to us at platinummortgages.com.au about max 90% lvr investment home loans from popular banks and non-bank lenders.

Call Robert on 0403 577 353 to discuss this opportunity. Visit the website empowerhousing.com.au and click on Duals with NRAS.
  • Air Conditioning
  • Broadband
  • Built In Robes
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Energy efficiency rating
  • Fully Fenced
  • Garden

Zoning: Residential


Calculator Overview Property Investment Analysis


Verifying...

About this Investment Property

This property is assessed as cash-flow positive PA (2018 ABS incomes) by: Personalise
Expected tax benefits from buying this property PA (NegGear & NRAS):
7.5-Year NRAS Value:
(Incentive/s 0.7% 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:
7.5-Year NRAS Value:
(Incentive/s 0.7% 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.

 

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...