Having checked the internet, a loan of $129,000 with a bank has an interest payment of $196 per week. This property has a rental capacity of $200 per week. Now that looks like a good return to me. If you would like to see if this property suits your portfolio call me today and we can explore your options.
Oh, the home is 3 bedroom with side access to a large flat rear yard located in a cul-de-sac.