Withheld
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0
High
-
Medium
-
Low
-
Confidence
0
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-$29,539
-
Asking Price
$589,000
Estimated Purchase Price
$635,000
Stamp Duty
$23,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$63,500
Reg. Mortgage
$164
LMI Premium
$16,351
Renovation Costs
-
Total Cash/Equity Required
$105,521
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,479
-$5,844
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$42,198
-$43,563
Depreciation
-
-
Tax Offset
-$12,659
-$13,069
Net Cashflow After Tax
-$29,539
-$30,494
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$571,500
$571,500
$58,620
$567,607