Granny flats are a great investment, they can turn your negative geared house into a positive geared property, with such a small investment you can receive a substantial return.
If you combine the rental from the principle dwelling, with your granny flat the total investment can return a positive cash flow.
Positive cash flow will allow you to create your wealth much smarter and faster.
With housing becoming relatively tight in Sydney, NSW Government changed regulations in 2009 and has simplified the process for the property owner to have a second dwelling on their property. These new regulations were meet with great anticipation, as these new changes has given home owners great opportunity to build for-
+YOUNG MARRIED COUPLE
Our extensive experience will guarantee that you get the desired affordable design and construction that will uncap your investment. We will help you maximise the use of your back yard with a great return; to make things more streamlined we have a in-house broker to help you keep things simple, efficient and assist you with any financial queries or concerns you may have.
INVESTMENT BREAKDOWN / BENEFITS
An average granny flat will cost $100,000 to build, at an interest rate of 5% interest only repayments. It will cost the owner $96.00 a week in repayments. If your renting the granny flat at $350.00 per week, this will give you an extra $254 in the pocket after paying the interest.
That’s an extra $1016.00 in four weeks and $13,208 a year on your invest return.
(Rental income per year $18200 and ROI is 18.20% on your $100,000 outlay)
If you pay all your rental income of $350 per week, you can pay back your property in as little as 6 years, at no interest all interest will be on top of that.
It’s a fraction of purchasing a house, but with the great rental income. You will be surprised on the high net returns your investment property can achieve.
If you combine the rental from the principle dwelling with your granny flat, the total investment can return a positive cash flow. Great extra income and your turning your property into positive gearing, while increasing the asset value and no strata fees needed to be payed on your granny flat.
Granny flats are a great investment; they can turn your negative geared house into a positive geared property. If you combine the rental from the principle dwelling with your granny flat, the total investment can return a positive cash flow. Positive cash flow will allow you to create your wealth much smarter and faster.
To discuss your inquires call Granny Flat leaders today, they will help transform your backyard into the atmosphere you dream of.
We have the granny flat to make it happen, our in-house architects are top-rate and our expert builders are fully certified and licensed, ensuring you a team of professionals, providing the best Investment, Design and Construction. We will arrange the entire process from start to finish.
RENTAL INCOME OVERVIEW
Prices are based on 2 Bedroom Granny Flat: $108,000
If you have any additional questions regarding Granny Flat Leaders , please call us on (02) 9199 8978 or email us your enquiry from the form supplied below.