| YEAR | WEEKLY RENT | ANNUAL RENT | VS INTEREST | CF STATUS |
|---|---|---|---|---|
| Now | $1050/wk | $54,600 | +$28,080 | POSITIVE |
| Year 1 | $1092/wk | $56,784 | +$30,264 | POSITIVE |
| Year 2 | $1136/wk | $59,055 | +$32,535 | POSITIVE |
| Year 3 | $1181/wk | $61,418 | +$34,898 | POSITIVE |
| Year 4 | $1228/wk | $63,874 | +$37,354 | POSITIVE |
10.7% yield = most extreme positive cashflow in scan. Company leases (Rio, BHP, Woodside) provide corporate-grade rental security. Budget policy completely irrelevant. $14B defence uplift confirms NW WA strategic importance.
CRITICAL: Mining cycle dependence. If iron ore or LNG prices drop 20%+, town empties. Not an early-cycle play — known yield market. GROH expansion could soften private rental demand.
10.7% yield = ~$54.6k annual rent vs ~$26.5k interest = $28,100 STRONGLY POSITIVE cashflow. Budget policy entirely positive: NG was never relevant, CGT changes don't hurt long-hold income holders, $14B defence confirms strategic NW WA importance.