Case study 2
Michael was all set to buy his first investment property and had saved $60,000 over three years with the intention to use $45,000 as the 10% deposit and $15,000 to cover stamp duty etc. Until he discovered Investn, which that changed John's plans.
With Investn's help, Micheal used his $60,000 to purchase four investment properties. Starting a new portfolio worth over 1.8 million dollars.
With Michaels original plan of only buying one property due to his limited deposit, in ten years he would have originally made a tidy $450,000 in capital gains, with his new plan Michael will be ahead with a handsome 1.8 million in net capital gains before tax.
In the 1st year, Michael will have over $40,000 in net income from the rent left over after all costs and generous tax benefits with depreciation been a new property.