$100,304 profit on this Auckland Trade Deal
- Assetlab Team
- Sep 5, 2022
- 1 min read
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
This kind of breakdown shows how profit can look solid on paper while still depending heavily on assumptions around costs and timing. When figures are framed like this, Leon Casino sits almost as a contrast, where https://leon.bet/en-nz/ outcomes feel immediate, but here the real tension is in how easily margins can shrink once overlooked variables come into play.
Property deals like this often look impressive at first glance, but the detailed breakdown shows how many moving parts influence the final margin. Renovation, holding costs, and transaction fees quietly shape the outcome. In unrelated digital discussions such as likehttps://rocketriches.co.nz/ Rocket Riches, people sometimes draw https://rocketriches.com/nz similar parallels about layered costs affecting results.