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Near New 3+1-bedroom Home With 2 Tenants ' $22228 P.a Gov't Incentive's 9+ Years ' Ideal For Smsf Buyers - $590,000


House Sold: 32 Janselling Avenue, Ellenbrook4 Bed | 2 Bath | 2 Car | Floor: 257m2 | Land: 495m2



Date Available: Available

Ellenbrook is a suburb of Perth in WA and has the last investment property with double NRAS incentives from Questus Ltd.

What can investors expect when buying this property that includes 2 NRAS incentives?

1. 2 x Gov't NRAS Incentives currently valued at $11,114 each (2017-2018) = $22,228 p.a
2. 2 x sets of tenants with discounted NRAS rents that are indexed annually to CPI
3. Great location 30 min drive to Perth CBD
4. One of WA's highest gross rental yields
5. NRAS term available is 9+ years

Idealy suited to SMSF buyers.

As is traditional with NRAS, this property is very cashflow positive and on a single Green title to keep expenses at a minimum.

Rents

3br rent $350 pw
1br rent $245 pw

Total rents = $595 pw less 20% NRAS Discount = $476 pw + NRAS value $427 pw = $903 pw or $46,956 p.a!

Stamp duty $23,452.

Gross Rental Yield of 7.96%

Weekly expenses $160

At just half an hour from Perth, Ellenbrook is far enough away to be a haven, yet close enough to be in easy reach of almost everything you'll need.

The town and the surrounding eight villages are all designed so a quality lifestyle is within reach of everyone, no matter what your budget or stage of life. It's why they've won more awards than any other new town, including being named the best master-planned community in the world.

In their vibrant town centre you'll find plenty of shopping, eating and entertainment, whilst a short drive gets your tenants to Morley Galleria, Midland Gate Shopping Centre, Lakeside Joondalup. And of course, there's the beautiful Swan Valley, golfing at The Vines and acres of parkland at Whiteman Park.

Eight villages surround the town-site of Ellenbrook, all with easy access to plenty of schools, parks, walk trails, community centres and much more. First there was Woodlake Village - now there's also The Bridges, Coolamon, Morgan Fields, Charlotte's Vineyard, Malvern Springs, Lexia. Our newest and final village is Annie's Landing. There's also our neighbouring private estate, Woburn Park at The Vines.

Visit the Empower Housing Group website empowerhousing.com.au for more information on the National Rental Affordability Scheme.

Contact Robert Kirk of Empower Housing Group on 1300 859 075 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation.
  • 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
  • Pet friendly

Currently Tenanted.

Zoning: Residential


Calculator Overview Property Investment Analysis


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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):
8.7-Year NRAS Value:
(Incentive/s 0% and rent/s 0%)
Includes CPI
Purchase Price:
Deposit:
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Property Management, Insurances & Rates P/W:

Rental Yield And Annual Growth

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Rule of 72 (Years to double in value):

Profit & Loss Calculations (Annualised)

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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
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After this Property Purchase
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*Doesn't include LITO

Effect of this Property on Owners Income Taxes

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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
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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

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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:
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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:
8.7-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
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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.

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