Withheld
-
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
0
High
-
Medium
-
Low
-
Confidence
0
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
-
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$20,000
-$64,869
-
Asking Price
$1,600,000
Estimated Purchase Price
$1,480,000
Stamp Duty
$64,455
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$148,000
Reg. Mortgage
$164
LMI Premium
$41,822
Renovation Costs
-
Total Cash/Equity Required
$256,636
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,381
$1,802
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
-$4,758
-$6,208
Interest Repayments
$87,912
$87,912
Net Cashflow Before Tax
-$92,670
-$94,120
Depreciation
-
-
Tax Offset
-$27,801
-$28,236
Net Cashflow After Tax
-$64,869
-$65,884
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,332,000
$1,332,000
$270,000
$1,564,035