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0
High
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Medium
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Low
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Confidence
0
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-$20,067
4.2%
Asking Price
$1,022,501
Estimated Purchase Price
$1,150,000
Stamp Duty
$46,650
Transfer Fee
$4,311
Conveyancing
$1,665
Deposit (10%)
$115,000
Reg. Mortgage
$224
LMI Premium
$35,635
Renovation Costs
-
Total Cash/Equity Required
$204,035
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$48,100
$68,461
Property Management
+7.7% PA
$3,704
$5,272
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
$39,642
$56,987
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$28,668
-$11,323
Depreciation
-
-
Tax Offset
-$8,600
-$3,397
Net Cashflow After Tax
-$20,067
-$7,926
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,148,100
$2,075,492
Loan Balance
I.O
$1,035,000
$1,035,000
$113,100
$1,040,492