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High
High
$858,000
Medium
$789,000
Low
$720,000
Confidence
Medium
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-$14,338
4.3%
Asking Price
$789,000
Estimated Purchase Price
$790,000
Stamp Duty
$28,575
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$79,000
Reg. Mortgage
$224
LMI Premium
$22,308
Renovation Costs
-
Total Cash/Equity Required
$135,116
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$46,926
$46,926
Net Cashflow Before Tax
-$20,483
-$8,725
Depreciation
-
-
Tax Offset
-$6,145
-$2,618
Net Cashflow After Tax
-$14,338
-$6,108
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$843,720
$1,525,245
Loan Balance
I.O
$711,000
$711,000
$132,720
$814,245
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