Housing Market research with profit/loss and statement

Job ID: 34766124

Budget: $30 – $250 AUD

Housing Market research with profit/loss and statement

Do market research for purchasing property in Exmouth WA Australia.
The plan is to property with an existing house for approx 600,000 AUD, for 3 bedroom 2 bathroom. Renovate the property for approx 80,000 AUD and start renting out on airBnb
Then build a secondary house 60SQM 2 bedroom 1 bathroom for 150,000 AUD.

Repeat this process after 9 months again with another property, and again with 2 more properties in this area 9 months apart.

We have a total of 400,000 AUD. The rest of the money will be borrowed at 5% interest rate. 4 people involved each bringing 100,000 AUD cash each.

All loans will require 20% deposit

Need you to do market research of the town.
Also estimate the potential rental income.
Do a profit and loss with estimated expenses.

Can estimate rental returns using:

https://www.airbnb.com/host/homes?room_type=ENTIRE_HOME&adults=6