$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%