Withheld
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Try Picki for FREEConfidence
High
High
$1,020,000
Medium
$920,000
Low
$850,000
Confidence
Medium
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Try Picki for FREE$55,000
-$39,295
-
Asking Price
-
Estimated Purchase Price
$865,000
Stamp Duty
$31,950
Transfer Fee
$3,131
Conveyancing
$1,665
Deposit (10%)
$86,500
Reg. Mortgage
$224
LMI Premium
$24,425
Renovation Costs
-
Total Cash/Equity Required
$148,446
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
$51,381
$51,381
Net Cashflow Before Tax
-$56,135
-$57,584
Depreciation
-
-
Tax Offset
-$16,841
-$17,275
Net Cashflow After Tax
-$39,295
-$40,309
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$778,500
$778,500
$204,060
$997,735
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