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Try Picki for FREEConfidence
High
High
$855,000
Medium
$820,000
Low
$785,000
Confidence
Medium
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Try Picki for FREE-$40,000
-$17,248
3.9%
Asking Price
$849,000
Estimated Purchase Price
$860,000
Stamp Duty
$31,725
Transfer Fee
$3,089
Conveyancing
$1,665
Deposit (10%)
$86,000
Reg. Mortgage
$224
LMI Premium
$24,284
Renovation Costs
-
Total Cash/Equity Required
$147,538
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$24,641
-$12,883
Depreciation
-
-
Tax Offset
-$7,392
-$3,865
Net Cashflow After Tax
-$17,248
-$9,018
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$774,000
$774,000
$101,760
$809,166
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