Potential Positive Cash Flow Property

property-2

Address: 5 Boronia Close, South Hedland, WA, 6722

Asking Price: $849,000

Estimated Rental Income: $2,200/week

Gross Rental Yield: 13.47%

Amazingly this property actually sold for $950,000 on 4th September 2012.

Update

This property is still on the market here and actually now has an asking price of $799,000 which gives a 14.3% rental yield.

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Each week I list 5-10 new positive cash flow properties for towns and cities all over Australia.

This is just 1 of over 50 properties listed in the last 2 months.

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