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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,450,000
Low
$1,350,000
Confidence
High
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Try Picki for FREE$65,000
-$35,526
2.8%
Asking Price
$1,495,000
Estimated Purchase Price
$1,385,000
Stamp Duty
$59,230
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$138,500
Reg. Mortgage
$164
LMI Premium
$39,137
Renovation Costs
-
Total Cash/Equity Required
$239,227
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,518
$45,391
Interest Repayments
$82,269
$82,269
Net Cashflow Before Tax
-$50,751
-$36,878
Depreciation
-
-
Tax Offset
-$15,225
-$11,063
Net Cashflow After Tax
-$35,526
-$25,815
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,246,500
$1,246,500
$302,100
$1,553,000
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