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
0
High
-
Medium
-
Low
-
Confidence
0
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$70,000
-$22,271
3.2%
Asking Price
$970,000
Estimated Purchase Price
$900,000
Stamp Duty
$33,525
Transfer Fee
$3,258
Conveyancing
$1,665
Deposit (10%)
$90,000
Reg. Mortgage
$224
LMI Premium
$25,414
Renovation Costs
-
Total Cash/Equity Required
$154,636
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$31,816
-$22,091
Depreciation
-
-
Tax Offset
-$9,545
-$6,627
Net Cashflow After Tax
-$22,271
-$15,463
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%
$1,035,960
$1,872,769
Loan Balance
I.O
$810,000
$810,000
$225,960
$1,062,769