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Purchased
Medical Asset
The presence of long-term medical tenants provides confidence in the investment, with a weighted average lease expiry (WALE) of 8.9 years.
*Please note due to privacy we can not disclose all details regarding this deal
Purchase Details
Asking Price
4800000
Purchase Price
4550000
Deposit (assuming
65
% debt)
1592500
Stamp Duty
261009
Building Report*
1200
Solicitor Cost*
9000
Valuation*
4000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
4800000
Total Cash Required
1867709.45
Purchase Price + Purchasing Cost
4825209.45
Net Annual Cash Flow Return
285203
Net Yield on Property
6.27
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
5.91
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
1867709
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
184843
Return of Equity
(Pure cash flow return)
5.37
%
Return of Equity with a
5% Capital Growth Rate:
17.55
%
Return of Equity with a
7% Capital Growth Rate:
22.43
%
Return of Equity
10% Capital Growth Rate:
29.73
%
*approximate number
Key Highlights
• Location: Springfield, QLD
• Net income of $285,203.00 (after 100% of outgoings including mgt fees and land tax)
• Land Area: 1,967m2 (freehold)
• Wale: 8.9 Years• Other: convenient car parking for 21 vehicles
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