$519K
$87,824
"Located in my opinion one of the best streets in West Kempsey is this exceptional home. This very tidy home consists of 3 bedrooms with the main being on dual levels with built ins and ensuite. The kitchen is well appointed and modern with plenty of storage. Large dining area with hardwood floors which leads to the sunken lounge room than to the excellent undercover deck with an outstanding view over the neighbouring farm land across to Kempsey CBD. Other features of this include Single garage Air conditioning Separate laundry Hobby room Secure yard Garden shed Great neighbours Give me a ring today and arrange an inspection of this great home. DISCLAIMER The information provided has been furnished to us by the vendors. We have not verified whether or not that information is accurate and do not have any belief in one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than to pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate. Property Code 1610"
Below are some similar properties in the area you may be interested in.
1.5%
69.7%
$570K
4.7%
-$170,000
-$14,078
3.3%
2.3%
-16.2%
6.0%
Asking Price
$519,000
Estimated Purchase Price
$545,000
Stamp Duty
$19,260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$54,500
Reg. Mortgage
$164
LMI Premium
$10,880
Renovation Costs
-
Total Cash/Equity Required
$87,000
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,160
$1,514
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
$12,262
$17,990
Interest Repayments
$32,373
$32,373
Net Cashflow Before Tax
-$20,111
-$14,383
Depreciation
-
-
Tax Offset
-$6,033
-$4,315
Net Cashflow After Tax
-$14,078
-$10,068
Assumptions
Year 1
Year 10
Property Value
6.8%
$400,500
$724,009
Loan Balance
I.O
$490,500
$490,500
-$90,000
$233,509
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price