- Joined
- Dec 29, 2020
- Messages
- 5
Hi All!
I am seeking investment ideas that could meet or surpass an investment property that I already have. It is a rented property as follows:
1. Valued at $800,000 in Victoria
2. Mortgage of $450,000
3. Payments of $2000/month.
4. Rental income $4000/month
5. Annual maintenance and taxes cost about $4500 but this will increase (ten years left in roof).
This is a good investment property. I own the title however am only part owner of the building, and would like to find an investment property that matches this economically but that I can own entirely myself. The closer to Victoria the better.
Any suggestions?
I am seeking investment ideas that could meet or surpass an investment property that I already have. It is a rented property as follows:
1. Valued at $800,000 in Victoria
2. Mortgage of $450,000
3. Payments of $2000/month.
4. Rental income $4000/month
5. Annual maintenance and taxes cost about $4500 but this will increase (ten years left in roof).
This is a good investment property. I own the title however am only part owner of the building, and would like to find an investment property that matches this economically but that I can own entirely myself. The closer to Victoria the better.
Any suggestions?