Gross yield4.80%Net yield 3.00% after costs- Rent a year (after empty weeks)$30,000
- Costs a year−$10,500
- Net rent a year$19,500
- Mortgage repayments a year−$30,661
- Interest part (year 1, approx.)$24,750
Cash flow−$215 a weekYou'd top this up from your own pocket each week.
Before tax. Interest deductibility rules and the bright-line test can change your tax position; talk to an accountant.