[marc]

Hello Kai,
With regards to any property you need only 40% deposit. We are in a position to borrow the balance from any major bank. Interest rate is approx: 7.5% variable. Costs involved .. Transfer fee $75.00, Mortgage registration fee$75.00, stamp duty on the property $5490.00, Stamp duty on the loan $421.00, Solicitors fee is approx $2000.00.
Monthly mortgage repayment is approx $887.00. We are in position to rent the property for approx:$140.00/week.
other ongoing expense is strata fee and council rate. This is approx: $39.00/week. Managing agent charge approx 6.6% of the rental amount.
Warm Regards