$749K
$141,379
"WWW.RURALSALES.COM AU ID3207 20 private acres, 20 minutes west of Kempsey 4BR home, reverse cycle air conditioning, fireplace and 4 carports Stoney Creek runs through the property, dam and water tank DISCLAIMER This information has been obtained from our Vendors. We make no representations to its accuracy. All computer images, maps and photographs are indicative only. We are merely passing the information on. Interested parties should make their own enquiries."
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90.6%
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-$250,000
-$23,192
2.8%
2.0%
-16.4%
6.0%
Asking Price
$749,000
Estimated Purchase Price
$845,000
Stamp Duty
$32,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$84,500
Reg. Mortgage
$164
LMI Premium
$21,759
Renovation Costs
-
Total Cash/Equity Required
$141,379
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,160
$1,514
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
$17,061
$24,821
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$33,132
-$25,372
Depreciation
-
-
Tax Offset
-$9,940
-$7,612
Net Cashflow After Tax
-$23,192
-$17,760
Assumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$760,500
$760,500
-$125,040
$388,260
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price