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Try Picki for FREEConfidence
High
High
$1,450,000
Medium
$1,375,000
Low
$1,300,000
Confidence
Medium
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Try Picki for FREE-$75,000
-$38,421
2.7%
Asking Price
$1,350,000
Estimated Purchase Price
$1,450,000
Stamp Duty
$63,900
Transfer Fee
$5,575
Conveyancing
$1,665
Deposit (10%)
$145,000
Reg. Mortgage
$224
LMI Premium
$44,931
Renovation Costs
-
Total Cash/Equity Required
$261,846
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
$86,130
$86,130
Net Cashflow Before Tax
-$54,887
-$41,098
Depreciation
-
-
Tax Offset
-$16,466
-$12,329
Net Cashflow After Tax
-$38,421
-$28,769
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,468,500
$2,654,699
Loan Balance
I.O
$1,305,000
$1,305,000
$163,500
$1,349,699
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