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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,450,000
Low
$1,350,000
Confidence
Medium
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Try Picki for FREE$25,000
-$22,413
4.4%
Asking Price
$1,495,000
Estimated Purchase Price
$1,425,000
Stamp Duty
$62,463
Transfer Fee
$5,491
Conveyancing
$1,665
Deposit (10%)
$142,500
Reg. Mortgage
$224
LMI Premium
$44,157
Renovation Costs
-
Total Cash/Equity Required
$257,049
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,318
$1,720
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
$52,626
$75,493
Interest Repayments
$84,645
$84,645
Net Cashflow Before Tax
-$32,019
-$9,152
Depreciation
-
-
Tax Offset
-$9,606
-$2,746
Net Cashflow After Tax
-$22,413
-$6,407
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,282,500
$1,282,500
$266,100
$1,517,000
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