Just had a play with these figures Tax, Depreciation, Rates etc not taken into account Interesting to play with increasing the rents, decreasing and/or increasing the Fund/shares returns to see outcomes

at a 9% interest rate, those interest costs would mean a portfolio of 1.43 million this equates to a 1.1% short fall each year.... 15k shortfall seems great to get a 1.43m portfolio, id imagine that would be fairly hard to recreate that at the moment as yields are struggling to get to 5% (before outgoings), and interest rates are ~9%... its a bit to simple to mean much though.... in affordability you really have to look at your outgoings, allow a vacancy factor, and take into account deprecation benefits... does so how much negative gearing property really limits you in wages though....