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How I decide on a purchase price - Episode 21
Manage episode 363955876 series 3449742
Nathan Broughton에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Nathan Broughton 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
How do you decide on a purchase price??
You start at the end and work you way backwards.
The 2 different types of examples I talked about are:
Buy and Hold deals.
1 - Possible rent achievable after reno eg $750/week or $39,000 pa
2 - Less desired profit of $5200 = $33,800
3 - Less R & I of $6000 = $27,800
4 - Divided by interest rate of 6.5% =$427,600
5- Remaining equals purchase price of $427,600
6 - this equals a 9.1% gross yield on purchase price (seems good - but isn't)
Quick flip deals.
1 - After reno Sale Price $495,000
2 - Less Agents fee $ 16,000 (3.5%)
3 - Less Profit $80,000 -you will loose 50% to tax, gst, closing costs(so $40,000 in the hand)
4 - Less Reno cost $50,000
5 - Less Holding Costs 8% for 3 months = $7000
6- Possible purchase price = $342,000
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48 에피소드
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