GLENORCHY

Purchase Price: $326,000

Purchase Cost: $12,775

Build: $390,000

Renovation: $180,000

RENTAL RETURNS

House 1: $500  per week

House 2: $900 per week

Total Rental Returns: $1,400 per week

Yearly Rented Income: $69,680 

MONTAGU BAY

Property Value: $448,000

Renovation: $230,000

Construction: $268,000

Purchase Cost: $16,890

TOTAL COST: $448,000

Renovation: $1,293,000

Profit: $330,110

RISDON VALE

Land Price: $172,000

Renovation: $6,155

Construction: $360,000

$538,155

TOTAL COST: $448,000

Renovation: $1,293,000

Profit: $330,110

WARRANE

Purchase Price: $242,000

Purchase Costs: $8,815

Subdivision 5 lots, build, renovation: $1,028,000

INCOME RECEIVED

Sold 2 lots 2018 & 2019: $701,000

Remaining Rental 3 house 

1 X 2 Bedroom, 2 X 3 Bedroom:  $1,235 per week