Withheld
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
N/A
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Try Picki for FREE$5,000
-$21,831
-
Asking Price
-
Estimated Purchase Price
$445,000
Stamp Duty
$14,000
Transfer Fee
$1,362
Conveyancing
$1,665
Deposit (10%)
$44,500
Reg. Mortgage
$224
LMI Premium
$9,742
Renovation Costs
-
Total Cash/Equity Required
$72,043
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,754
-$6,203
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$31,187
-$32,636
Depreciation
-
-
Tax Offset
-$9,356
-$9,791
Net Cashflow After Tax
-$21,831
-$22,845
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$400,500
$400,500
$80,100
$468,310
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