Quote Originally Posted by FIsaver View Post


I've been looking at picking up another property but no matter how I run the numbers I can't get it to work, maybe I need to look elsewhere, but 320k house renting for $300pw just isn't a big enough return in my book. Even with no mortgage, tax, insurance, maintenance, a month or so of vacuancy... I'm not sure how anyone does it?

Am I just looking in the wrong area?
Could take a medium plus view. Ten years, even five, of rent rises, principal paid down a bit each year, increased value should change the return from then onwards.