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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,275,000
Low
$1,200,000
Confidence
Medium
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Try Picki for FREE$5,000
-$35,784
2.5%
Asking Price
$1,375,000
Estimated Purchase Price
$1,270,000
Stamp Duty
$52,905
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$127,000
Reg. Mortgage
$164
LMI Premium
$35,887
Renovation Costs
-
Total Cash/Equity Required
$218,152
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
$75,438
$75,438
Net Cashflow Before Tax
-$51,119
-$40,294
Depreciation
-
-
Tax Offset
-$15,336
-$12,088
Net Cashflow After Tax
-$35,784
-$28,206
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,361,700
$2,461,630
Loan Balance
I.O
$1,143,000
$1,143,000
$218,700
$1,318,630
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