Withheld
-
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$995,000
Medium
$965,000
Low
$935,000
Confidence
Medium
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
-
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$100,000
-$22,413
3.7%
Asking Price
$990,000
Estimated Purchase Price
$1,065,000
Stamp Duty
$41,763
Transfer Fee
$3,974
Conveyancing
$1,665
Deposit (10%)
$106,500
Reg. Mortgage
$224
LMI Premium
$30,073
Renovation Costs
-
Total Cash/Equity Required
$184,749
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$31,243
$45,032
Interest Repayments
$63,261
$63,261
Net Cashflow Before Tax
-$32,018
-$18,229
Depreciation
-
-
Tax Offset
-$9,605
-$5,469
Net Cashflow After Tax
-$22,413
-$12,760
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,030,620
$1,863,116
Loan Balance
I.O
$958,500
$958,500
$72,120
$904,616