$670K
$105,521
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This enticing property is vacant and move-in ready, requiring no immediate expenditure. It features three bedrooms and a central kitchen in good condition. An enclosed rear verandah adds extra living space, while beneath it, lockable storage offers ample room for tinkering. The garage is equipped with an electric roller door. Conveniently situated, it's close to schools, public transport, and the vibrant Sawtell cafe strip.
Trusted by over 13k property buyers and counting...
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72.1%
$687K
4.6%
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Try Picki for FREE$10,000
-$9,936
4.9%
Asking Price
$670,000
Estimated Purchase Price
$670,000
Stamp Duty
$24,885
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$67,000
Reg. Mortgage
$164
LMI Premium
$17,253
Renovation Costs
-
Total Cash/Equity Required
$111,498
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,760
$46,628
Property Management
+7.7% PA
$2,523
$3,590
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
$25,603
$36,991
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$14,195
-$2,807
Depreciation
-
-
Tax Offset
-$4,258
-$842
Net Cashflow After Tax
-$9,936
-$1,965
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
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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
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price