Today's Motivation...š
$100,304 pre-tax (after gst) profit on this recent trade in Otahuhu by one of our tribe.
Check out the pics, and feel free to say 'Wiiiiiiicked cool!" out loud.
And for you numbers peeps, here ya go:
Purchase Price: $721,739 Excl gst
Sale Price: $963,043 Excl gst
Renovation: $87,300 Excl
Holding Costs: $16,300
Solicitor: $2,900 Excl
Incidentals (rates/water rates/insurance):$900 Excl
Agent Fee: $33,600 Excl
Total Costs: $141,000
Gross Profit After GST: $100,304
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