Bought this strong cash flow positive property in SMSF earlier this year
We concluded purchase of this amazing block of 3 units for SMSF clients. 2 couples joined hands to form SMSF to buy this property. It was a combination of self employed and salary & wages employees.
Being a block of 3 units not all lenders would look lend and then when it’s regional location, pool of lenders gets restricted further. After having a number of discussion with various lenders and getting approvals from senior management, we were able to get it over the time.
Some of the figures are listed below
Monthly P&I Repayment
Surplus per month
This strong cashflow property had strong capital growth as well. Finding a property that can pay off as well as build your super balance can be challenging yet rewarding.
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