Ed

Be very careful because if you put in like your KiwiSaver and like, oh, cool, I'm going to use the KiwiSaver as my deposit.

Well, no, you can't because this is going to be an investment property, right?

And you can only use your KiwiSaver for if you're buying your own home as opposed to investment.

What else is catching your eye?

Oh, they definitely do.

So if I was to go in Opus Plus, you know what, I'm just going to log into my account.

Yeah, and that's what it looks like there.

So Auckland to us looked really overvalued back in 2016, now looks really undervalued.

Now I'll just show you Opus Plus, because this is the free app that you can use to analyse any investment property in New Zealand.

So I'm in my account now, and here are some properties that I've recently been looking at.

So if I was to come in here, which is like a new built property for

$739,000, what you're able to do is look at the cash flow and also look at how much the property might go up over time.

We could also, if you're a real number nerd, you can dive into the cash flow and actually look at what those numbers look like in terms of the mortgage and if it's principal and interest or interest only.

And you can look at the return on investment and kind of really dive in deep.

Now, if you're not as much of a number nerd, you might just focus on what we call the OPUS property rating, which is whether we consider a property based on the numbers you've put in, which might be like the rent and all of those various things.

You know, do we consider this to be a high opportunity, a standard opportunity, or a property that requires review?

And so that can be really useful when you're trying to understand, well, okay, I'm looking to buy an investment property.

Let's put in, you know,

three properties, four properties and say, well, which one appears to give the higher return on investment?

And then one of the really cool things that you can do, I'll just jump in here and set it up for myself.