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$699K
$111,498
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$850,000
Low
$720,000
Confidence
Medium
Discover a versatile family home or investment opportunity on a 700sqm fenced block. This home boasts 4 bedrooms, a modern kitchen equipped with a dishwasher, a renovated main bathroom, and a living area that extends to a covered patio. Enjoy an additional studio featuring a kitchenette and bathroom—ideal for a retreat. The home is fitted with solar power and a double carport. Conveniently located a short drive from Coffs CBD and stunning beaches, this property promises both comfort and convenience.
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79.4%
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-
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Try Picki for FREE$115,000
+
7.8%
Asking Price
$769,000
Estimated Purchase Price
$735,000
Stamp Duty
$27,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$73,500
Reg. Mortgage
$164
LMI Premium
$18,926
Renovation Costs
-
Total Cash/Equity Required
$122,596
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$57,200
$81,413
Property Management
+7.7% PA
$4,404
$6,269
Rates
+3.0% PA
$1,257
$1,640
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
$48,162
$69,098
Interest Repayments
$43,659
$43,659
Net Cashflow Before Tax
$4,503
$25,439
Depreciation
-
-
Tax Offset
$1,351
$7,632
Net Cashflow After Tax
$3,152
$17,807
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$661,500
$661,500
$246,300
$979,586
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
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Sold Price
Asking Price
