$323,000 Available Equity
Property: Duplex – 3 bedroom, 2 bathroom, 2 car garage
Total Development Cost: $877,000
Valuation: $1,200,000 – $1,250,000
Current Equity: $323,000
That’s a 36.8% increase
Rent per Week: $980 per week
Rental Yield: 5.8%