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  • Writer's pictureMaria Temnyuk

Cashflow Positive Investment Property in Karaka, Auckland, NZ

A recent case study from a client who invested in a Karaka, Auckland property with the guidance of Diamond Property and Wealth.

investment property NZ
  • Stand alone 3 bed, 2.5 bath

  • Tandem garage plus off street park

  • Purchase Price $960,000

  • Rent achieved $700 per week (tenants moved in a day after the settlement)

  • No cash deposit, just used equity

  • Settled in Feb 2021

This property is cashflow positive by $78 a week after ALL the expenses and assumptions.*

The Weekly top us is calculated based on the following assumptions: Actual Rent Achieved, Interest Only Loans.

All other expenses such as rates, repairs, maintenance, insurance, property management, accounting fees, and others are taken into account. So there are not surprises four our clients.

If you would like more info about how we can assist you with making the right decisions around property investment please get in touch today.

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