Commercial loan under SMSF approved!

Key Highlights

After developing a comprehensive lending and property strategy, this $6.3M NET yielding asset was successfully acquired under the SMSF structure. It wasn’t an easy journey; we missed out on several commercial property deals interstate before my astute investor client finally secured this freehold asset in NSW. Ka-ching Finance was there from the inception of the commercial property acquisition under super, through number crunching, to final asset acquisition. We wish the SMSF trustees all the very best with this venture. Ka-ching!

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 Commercial Investment

80%

SMSF Commercial Loan

Principle and Interest

Variable

Yes

No

6.3%

As required

From SMSF funds

$1,150

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.