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Try Picki for FREEConfidence
High
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Medium
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Try Picki for FREE$70,000
-$3,577
6.2%
Asking Price
$350,000
Estimated Purchase Price
$350,000
Stamp Duty
$10,495
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$35,000
Reg. Mortgage
$164
LMI Premium
$6,987
Renovation Costs
-
Total Cash/Equity Required
$54,842
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,679
$22,847
Interest Repayments
$20,790
$20,790
Net Cashflow Before Tax
-$5,111
$2,057
Depreciation
-
-
Tax Offset
-$1,533
$617
Net Cashflow After Tax
-$3,577
$1,440
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$315,000
$315,000
$133,560
$495,890
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