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4 Bedroom House & Land Package Melbourne

 Tarneit Victoria Investment

4 Bedroom House & Land Package
Fixed Price : $594,980
  • 4 Bed House
  • 2 Bathrooms
  • 2 Car Garage

 

Job No:404825 Lot 349 TBA Road, Tarneit VIC 3029

Approx. Rent $430     House Size: 200 sqm       Land Size :392 sqm

Finance Packages From our Finance  Advisor

House and Land Packages for $500,000

Investors

Borrowing 80%

Funding Example

Purchase Price                           -           $500,000

Plus Estimated Costs                 -           $  12,000 *

Subtotal                                      -           $512,000

Less 80% Loan Amount             -           $400,000

Clients Contribution                    -           $112,000

Repayments

Estimated Principal & Interest repayments based on a current Indicative Variable rate of 3.99%*** (Comparison Rate 4.04%**) over 30 years = $1,907 per month or $440/wk

Disclaimer

*  The estimated costs are based on a Land Price of $250,000. 

**  Comparison Rate based on $400,000 over 30 years.

***  Interest Rates are subject to change without prior notice.  Interest Rates current for 21st March 2018.

Example how to Enter the Property Investment Market from $40 per week

Approx. Rent Return           : $450 per week

Approx. Loan Repayments : $440 per week

Difference Positive              :   $10 per week

(you need to allow for rates and insurance )

The advice given is based on my life experiences and my rental Properties. 

However I cannot give financial advice, but can direct you to a professional registered financial advisor and also recommend you get your own 2nd opinion.