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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,220,000
Low
$1,080,000
Confidence
Medium
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Try Picki for FREE$90,000
-$29,962
2.8%
Asking Price
$1,220,000
Estimated Purchase Price
$1,130,000
Stamp Duty
$45,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$113,000
Reg. Mortgage
$164
LMI Premium
$31,931
Renovation Costs
-
Total Cash/Equity Required
$192,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,319
$35,144
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$42,803
-$31,978
Depreciation
-
-
Tax Offset
-$12,841
-$9,593
Net Cashflow After Tax
-$29,962
-$22,385
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,302,960
$2,355,442
Loan Balance
I.O
$1,017,000
$1,017,000
$285,960
$1,338,442
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