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
High
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Medium
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
-$30,284
3.0%
Asking Price
-
Estimated Purchase Price
$1,230,000
Stamp Duty
$50,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$123,000
Reg. Mortgage
$164
LMI Premium
$34,757
Renovation Costs
-
Total Cash/Equity Required
$210,822
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,440
$53,289
Property Management
+7.7% PA
$2,883
$4,103
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
$29,799
$42,977
Interest Repayments
$73,062
$73,062
Net Cashflow Before Tax
-$43,263
-$30,085
Depreciation
-
-
Tax Offset
-$12,979
-$9,025
Net Cashflow After Tax
-$30,284
-$21,059
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%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,107,000
$1,107,000
$228,000
$1,306,362
Below are some similar properties in the area you may be interested in.