7/19-21 McFarlane Road, Mooroopna VIC 3629

Got any loose change? I have a bargain waiting for an astute investor. I have a willing and eager seller and an excellent tenant who would like to continue renting this unit. If you buy this unit it will be positively geared from day one. Here are the figures:Current rent $180 per week /$9,360 per annumLess 2014/15 Council Rates /$901.30 per annumLess Owners Corp fees $150 per annumLess Landlord Insurance (optional) $235 per annumLess rental management fees @ 7.7%$720.72 per annumLess interest on investment loan $4,992 per annumAmount remaining after deductions $2,360.95 per annumYes, if you buy this unit for $100,000 and you borrow the full amount you will still be left with $2,360.95 per annum after all your expenses.Other stuff you might like to know, the unit is neat and tidy, it has 1 bedroom, 1 lounge room, 1 bathroom and 1 carport. The last unit sold in the block for $92,500. The lease ends on 30/4/2015 and the tenant would like to continue renting this unit after the lease expires. The current rent of $180p.w. has been the same for the past 2 years. Owner selling to move overseas.So the only question remaining is why havent you called me yet?Interest calculated at 5% per annum on an interest only investment loan over 30 years, source Broker House.