These properties are cashflow negative when you consider the rental income vs rental expenses & loan repayment, but when you factor in your depreciation and the effect that has on your tax returns, the resulting refunds push the property to break evenly or positively gear.
During the Financial Year, you may find yourself allocating funds from your personal savings to cover the costs of the property, but when you complete your tax return, you would be receiving a larger amount than what you paid during the year.
