$395K
$63,987
"Situated only 3 minutes out of Stanthorpe is this comfortable 3 bedroom home perched on a generous 870m block with a nice rural outlook over the neighboring land. Key Features 3 Large Bedrooms Each room has plenty of space for a large bed and cupboards. Spacious LoungeDining Area Openplan layout that provides a warm and inviting space for relaxation and entertaining, complete with a cozy wood fire box. WellEquipped Kitchen Plenty of storage space. Carport and 2x Bay Shed The property includes a carport off the house for convenient and sheltered parking, as well as a versatile 2x bay shed for additional vehicle storage, a workshop, or extra storage needs. The property is fully fenced to keep the pets in. To organise a private inspection contact Logan Steele on 07 4681 3311"
-
83.3%
$353K
5.2%
$70,000
-$7,313
5.0%
3.3%
-11.4%
6.0%
Asking Price
$395,000
Estimated Purchase Price
$395,000
Stamp Duty
$12,250
Transfer Fee
$1,151
Conveyancing
$1,665
Deposit (10%)
$39,500
Reg. Mortgage
$224
LMI Premium
$8,647
Renovation Costs
-
Total Cash/Equity Required
$63,988
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,572
$2,051
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
$13,015
$19,144
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$10,448
-$4,319
Depreciation
-
-
Tax Offset
-$3,134
-$1,296
Net Cashflow After Tax
-$7,313
-$3,023
Assumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$355,500
$355,500
$141,120
$542,271
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 9.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price