Persistence Perseverance and Speed

Key Highlights

After several unsuccessful offers, my clients have successfully secured this property under their SMSF structure.
Despite having finance pre-approved/property plan ready, they required a property with a specific yield to ensure their super asset would sustain itself from a cash flow perspective.
Securing the desired yield and property type, especially a freestanding dwelling, was challenging. However, through diligence, a proactive approach, and swift action, we successfully secured this beautiful freestanding dwelling in these challenging market conditions.

Loan Purpose

LVR

Loan Type

Repayment Type

Investment Rate Type

Offset Facility

Government Grant/Scheme Used

Yield on Property

Total Funds Required (Outside Leverage)

Equity Used

Rental / Week

Purchase of Residential Investment Under SMSF

75%

Packaged Home Loan

Principal and Interest

Variable

Yes

No

5.70%

$0

No 25% of purchase price from exsting SMSF funds

$575

Final investment loan for FY 2023/24. Approved!!!

Investment Loans, Property Articles, Property Due Diligence

This brand-new dwelling was secured within a day of being listed. As part of a strategy to expand and diversify the portfolio, it was purchased before the end of FY 2023/24. Located less than 20 km from Perth CBD, it boasts an expected rental yield of 5.5%, a 93% LVR with no LMI, and a sub-80% interest rate. From financial strategy to end-to-end due diligence (DD), the entire process was conducted by Ka-ching Finance.