Mount Albert, Auckland

18 minutes ago

$50 dental voucher for all Neighbourly members!

ConfiDental Hillsborough

Hi neighbours, we are not too far away from Christmas so let us help you get your teeth sorted before Christmas. Every Aucklander deserves to have a beautiful smile for Christmas. Our friendly team is ready to help you smile with confidence.

We are gentle, honest and affordable practice with … View more
Hi neighbours, we are not too far away from Christmas so let us help you get your teeth sorted before Christmas. Every Aucklander deserves to have a beautiful smile for Christmas. Our friendly team is ready to help you smile with confidence.

We are gentle, honest and affordable practice with passion towards creating beautiful smiles and relieve you from pain.

Our practice is highly equipped practice with all the latest technology: Diagnodent, Cerec, Laser and Air Abrasion. For our Squeamish neighbours, we offer sedation for pain free dentistry. Not convinced with your dentist opinion: We offer a free second opinion and clear all your queries.

We are specialized in all aspects of dentistry:
- General Dentistry
- Cosmetic Dentistry
- Orthodontics
- Invisalign
- Laser Dentistry

We are offering Free Orthodontic/Braces Consultation and interest free payment plans.

Check us out (you can book online) or give us a call on 096251411 for further details (please mention about this add while you call).

Spare some time to find and see yourself why so many Aucklanders love us!

Finds us at 150 Hillsborough road.

Team,
ConfiDental
Book online!

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18 minutes ago

Disruptions to city centre bus routes

The Team from Auckland Transport

The Farmers Santa Parade is being held in Auckland’s city centre on Sunday 25 November. Due to road closures a number of city centre bus stops will temporarily be relocated and some bus route diversions will be in place. Free shuttle bus transfers will be provided. Main roads affected include, … View moreThe Farmers Santa Parade is being held in Auckland’s city centre on Sunday 25 November. Due to road closures a number of city centre bus stops will temporarily be relocated and some bus route diversions will be in place. Free shuttle bus transfers will be provided. Main roads affected include, but are not limited to, Queen St, Customs St, Mayoral Dr, Beach Rd & Anzac Ave. If you’re attending the event, or need to travel through this area, please plan your travel in advance and allow extra time. Find out more!

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6 hours ago

Samsung s9 plus new

Edith from Mount Roskill

Brand new Samsung galaxy S9 1week old, only selling as I brought it for my mums birthday but found out later that she already had one i also already have one firm on price

Price: $1,000

1 day ago

How to estimate the rental return on an investment property

Baptist from Avondale

No matter what investment strategy you use, calculating the potential rental return on an investment property is a key step in the purchasing decision process. The rental yield is an important indicator of how a property is likely to perform and the cash flow it will generate. So, whether you’re … View moreNo matter what investment strategy you use, calculating the potential rental return on an investment property is a key step in the purchasing decision process. The rental yield is an important indicator of how a property is likely to perform and the cash flow it will generate. So, whether you’re using a positive or negative gearing strategy, it’s a calculation that allows you to quickly decide if the numbers will stack up for you, and if you can afford to service a loan on a particular property.

In this article, we explain how to estimate the rental yield – an important first step before deciding whether an investment property is the right one for you. It should be noted that this is a general guide only – you should consult me before proceeding with any investment or tax strategy.

So, what exactly is rental yield?
When buying an investment property, investors typically consider two key factors. Capital growth, or how much a property is likely to increase in value over time, and rental yield.

The rental yield is the rental income of a property, expressed as a percentage of its value. It can be calculated in gross terms (before expenses), or as a net percentage (with expenses factored in).

* Gross rental yield = (Annual rental income / Property value) x 100

Example: A property with a market value of $500,000 that returns a weekly rent of $500, or $26,000 a year ($500 x 52), would have a potential gross rental yield of:

($26,000/ $500,000) x 100 = 5.2%.

Sometimes gross rental yields are calculated as a percentage of the original purchase price, rather than the market value. This can affect the outcome. For example, if you used an original purchase price of $400,000 in the example above, the gross rental yield would be 6.5%.

Overall, the gross rental yield offers a simple way to compare properties quickly. It gives you an overview of how the rental income compares to the value of the property and how likely it is to generate a positive or negative cash flow.

However, it does not take expenses into consideration. For that reason, a lot of investors use the net rental yield as a more accurate way of assessing returns.

* Net rental yield = [(Annual rental income – Annual expenses) / Total property cost] x 100

The net rental yield offers a clearer indication of whether you can afford an investment property, as it factors in your expenses. To work it out, you’ll need to calculate or estimate your total property costs and total annual expenses.

Total property costs could include:
• The purchase price/ market value
• Stamp duty (not yet in NZ)
• Conveyancing fees
• Building and pest inspections
• Loan establishment fees

Total annual expenses may include:
• Property management fees
• Rates and water charges
• Strata levies (if applicable)
• Insurance
• Mortgage interest repayments.

Example: A property with a weekly rent of $500 ($26,000 a year), total property costs of $500,000 and annual expenses of $25,000 would have a net rental yield of:

= [($26,000 – $25,000)/ $500,000] x 100 = 0.2%.

Calculating the net rental yield can be tricky, given you need to understand the costs of buying and running an investment property. If you’re stuck, please get in touch with me to help you crunch the numbers.

Yields versus capital growth

While strong rental yields are great, it’s important to remember that they’re not necessarily the be all and end all of a property investment. Some investors opt for a lower yield but focus on buying property that is likely to experience capital growth. It all comes down to your investment strategy and goals.

Investing in property opens up opportunities to build long-term wealth, potentially benefit from a positive cash flow and/or reap certain tax benefits please contact me to understand how you can obtain the tax benefits).

If you’re considering an investment property purchase, I can assist with arranging the right mortgage broker to give you advice on the finance option to suit your investment strategy and goals. That includes everything from calculating your borrowing power to finding you a competitive investment loan for your needs. Please get in touch and let’s make it happen.

Disclaimer

This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.

Baptist Lobo CA, CPA
63 Shoreham Street
New Windsor
Auckland 0600
Mobile # +64 21 815040
Home # +64 9 8287877

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3 days ago

Clothing bins

Monique from New Windsor

Hi.. does anyone know if there is any clothing bins nearby. Went to the one near New World stoddard rd but it has been removed.

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9 hours ago

panel heater

Adrian from New Windsor

have a eco panel heater ,bot for 100$ never been used,

willing to sell for $25,

call or text on 0212556398

10 hours ago

CANE TABLE.

Ross from Mount Roskill

50 cm square and high approx. pick up waite avenue mt roskill

Price: $20

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10 hours ago

We've joined Neighbourly!

Social Media Advisor from New Zealand Police

Kia ora neighbours,

We wanted to let you know that New Zealand Police have now joined Neighbourly! We're happy to be here!

Other than occasionally posting cute pictures of our canine friends, we plan to share with you the latest happenings in your community and around the country - as we… View more
Kia ora neighbours,

We wanted to let you know that New Zealand Police have now joined Neighbourly! We're happy to be here!

Other than occasionally posting cute pictures of our canine friends, we plan to share with you the latest happenings in your community and around the country - as we work together to create safer communities.

Please remember our Neighbourly page and private messages are not monitored by Police and are not the place to report crimes - IN AN EMERGENCY, DIAL 111.

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12 hours ago

Free/cheap sewing machines

Julie from Westmere

Hi neighbours 😊 We are a community organisation looking for free/ cheap sewing machines for our tenants to learn to sew. Can anyone help? We can pick up.

14 hours ago

Your Local Electrician

David from Excel Electrical Ltd

Do you have some electrical work that needs to be taken care of?
A new installation, a minor repair, an electrical emergency or an upgrade?
With just under 6 weeks till Christmas don't leave it to the last minute to contact your local electricians at Excel Electrical.

846 3358 // 021 999 392… View more
Do you have some electrical work that needs to be taken care of?
A new installation, a minor repair, an electrical emergency or an upgrade?
With just under 6 weeks till Christmas don't leave it to the last minute to contact your local electricians at Excel Electrical.

846 3358 // 021 999 392
www.excelelectrical.co.nz...

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15 hours ago

Free Canvas/wall hanging

Ash from Mount Roskill

Free to a good home

Free

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