For units in Wellington what Net Yield are you buying at
Net Yield is calculated as below
Rent x 52
Less
Rates
Insurance
Management 9% of gross rental
Repairs and maintenance
Vacancy 2 weeks
Is net rental then divide by purchase price
Net Yield is calculated as below
Rent x 52
Less
Rates
Insurance
Management 9% of gross rental
Repairs and maintenance
Vacancy 2 weeks
Is net rental then divide by purchase price
Comment