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Try Picki for FREEConfidence
High
High
$780,000
Medium
$750,000
Low
$720,000
Confidence
Medium
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Try Picki for FREE$10,000
-$16,626
3.6%
Asking Price
-
Estimated Purchase Price
$740,000
Stamp Duty
$26,325
Transfer Fee
$2,584
Conveyancing
$1,665
Deposit (10%)
$74,000
Reg. Mortgage
$224
LMI Premium
$20,896
Renovation Costs
-
Total Cash/Equity Required
$126,244
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,103
$1,439
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$20,204
$29,320
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$23,752
-$14,636
Depreciation
-
-
Tax Offset
-$7,126
-$4,391
Net Cashflow After Tax
-$16,626
-$10,245
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$666,000
$666,000
$135,000
$782,017
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