Withheld
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Try Picki for FREEConfidence
Medium
High
$2,500,000
Medium
$2,200,000
Low
$1,900,000
Confidence
Not Found
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Try Picki for FREE$185,000
-$87,112
-
Asking Price
$2,300,000
Estimated Purchase Price
$2,015,000
Stamp Duty
$96,388
Transfer Fee
$7,976
Conveyancing
$1,665
Deposit (10%)
$201,500
Reg. Mortgage
$224
LMI Premium
$62,439
Renovation Costs
-
Total Cash/Equity Required
$370,742
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,754
-$6,203
Interest Repayments
$119,691
$119,691
Net Cashflow Before Tax
-$124,445
-$125,894
Depreciation
-
-
Tax Offset
-$37,334
-$37,768
Net Cashflow After Tax
-$87,112
-$88,126
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,349,600
$4,247,518
Loan Balance
I.O
$1,813,500
$1,813,500
$536,100
$2,434,018
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