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Try Picki for FREEConfidence
High
High
$1,220,000
Medium
$1,150,000
Low
$1,080,000
Confidence
Medium
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Try Picki for FREE$15,000
-$14,051
5.0%
Asking Price
-
Estimated Purchase Price
$1,135,000
Stamp Duty
$45,788
Transfer Fee
$4,269
Conveyancing
$1,665
Deposit (10%)
$113,500
Reg. Mortgage
$224
LMI Premium
$35,170
Renovation Costs
-
Total Cash/Equity Required
$201,166
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$56,680
$80,673
Property Management
+7.7% PA
$4,364
$6,212
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
$47,347
$67,978
Interest Repayments
$67,419
$67,419
Net Cashflow Before Tax
-$20,072
$559
Depreciation
-
-
Tax Offset
-$6,022
$168
Net Cashflow After Tax
-$14,051
$391
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,021,500
$1,021,500
$206,700
$1,198,793
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