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Try Picki for FREEConfidence
High
High
$260,000
Medium
$245,000
Low
$230,000
Confidence
Medium
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Try Picki for FREE-$15,000
-$3,195
6.4%
Asking Price
$260,000
Estimated Purchase Price
$260,000
Stamp Duty
$7,345
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$26,000
Reg. Mortgage
$164
LMI Premium
$4,012
Renovation Costs
-
Total Cash/Equity Required
$39,717
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
Rates
+3.0% PA
$1,102
$1,438
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$10,880
$16,016
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$4,564
$572
Depreciation
-
-
Tax Offset
-$1,369
$172
Net Cashflow After Tax
-$3,195
$401
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$261,660
$473,019
Loan Balance
I.O
$234,000
$234,000
$27,660
$239,019
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