Sold
Apartment, 1 bedroom, 27.5 m²
Elysium Eco CityBlock 2Unit 2.5.34
Layout28 sq m terraces
Bedrooms1
Bathrooms1
Living Area27.5 m²
Price per m²$ 4,000
Ceiling Height2.7 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 110,000
Down Payment from $ 11,000 (10%)
Rental Income Model
Purchase Price:
$110,000
ADR:
$75
Occupancy:
85%
Annual Net Income:
$15,125
ROI:
13.7%
Payback Period:
7.3 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $1,939 | $23,269 |
Management fee (18%) | -$349 | -$4,188 |
Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%) | -$330 | -$3,956 |
Net Income (Before Tax) | $1,260 | $15,125 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $110,000 | $190,000 | $195,700 | $201,571 | $207,618 | $213,847 |
| Property Value Growth | + $80,000 | + $85,700 | + $91,571 | + $97,618 | + $103,847 |
| Cumulative Rental Income | $0 | + $15,125 | + $30,249 | + $45,374 | + $60,499 |
| Re-registration costs (2%) | - $3,800 | - $3,914 | - $4,031 | - $4,152 | - $4,277 |
| Total Net Profit | $76,200 | $96,911 | $117,789 | $138,840 | $160,068 |
| ROI | 69.3% | 88.1% | 107.1% | 126.2% | 145.5% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 23, 2026 | 25% | $27,500 |
During Construction | |||
| 2Payment 2 | Jan 23, 2027 | 15% | $16,500 |
| 3Payment 3 | Apr 23, 2027 | 15% | $16,500 |
| 4Payment 4 | Jul 23, 2027 | 15% | $16,500 |
| 5Payment 5 | Oct 23, 2027 | 15% | $16,500 |
| 6Payment 6 | Jan 23, 2028 | 15% | $16,500 |
Incentives | |||
| Paid with rental income | -10% | $11,000 | |