Sold
Townhouse, 1 bedroom, 51.25 m²
Elysium Eco CityBlock 2Unit 2.1.38
Layout54 sq m, type A2
Bedrooms1
Bathrooms1
Living Area51.25 m²
Price per m²$ 3,512
Ceiling Height5.5 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 180,000
Down Payment from $ 18,000 (10%)
Rental Income Model
Purchase Price:
$180,000
ADR:
$140
Occupancy:
85%
Annual Net Income:
$28,233
ROI:
15.7%
Payback Period:
6.4 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $3,620 | $43,435 |
Management fee (18%) | -$652 | -$7,818 |
Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%) | -$615 | -$7,384 |
Net Income (Before Tax) | $2,353 | $28,233 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $180,000 | $230,000 | $236,900 | $244,007 | $251,327 | $258,867 |
| Property Value Growth | + $50,000 | + $56,900 | + $64,007 | + $71,327 | + $78,867 |
| Cumulative Rental Income | $0 | + $28,233 | + $56,466 | + $84,698 | + $112,931 |
| Re-registration costs (2%) | - $4,600 | - $4,738 | - $4,880 | - $5,027 | - $5,177 |
| Total Net Profit | $45,400 | $80,395 | $115,592 | $150,999 | $186,621 |
| ROI | 25.2% | 44.7% | 64.2% | 83.9% | 103.7% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 23, 2026 | 25% | $45,000 |
During Construction | |||
| 2Payment 2 | Jan 23, 2027 | 15% | $27,000 |
| 3Payment 3 | Apr 23, 2027 | 15% | $27,000 |
| 4Payment 4 | Jul 23, 2027 | 15% | $27,000 |
| 5Payment 5 | Oct 23, 2027 | 15% | $27,000 |
| 6Payment 6 | Jan 23, 2028 | 15% | $27,000 |
Incentives | |||
| Paid with rental income | -10% | $18,000 | |