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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
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Try Picki for FREE-$10,000
-$9,495
4.3%
Asking Price
$460,000
Estimated Purchase Price
$460,000
Stamp Duty
$15,435
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$46,000
Reg. Mortgage
$164
LMI Premium
$9,183
Renovation Costs
-
Total Cash/Equity Required
$72,978
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,759
$20,115
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$13,565
-$7,209
Depreciation
-
-
Tax Offset
-$4,069
-$2,163
Net Cashflow After Tax
-$9,495
-$5,046
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$414,000
$414,000
$66,600
$454,810
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