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Try Picki for FREEConfidence
High
High
$775,000
Medium
$750,000
Low
$725,000
Confidence
Medium
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Try Picki for FREE-$10,000
-$14,770
4.1%
Asking Price
$750,000
Estimated Purchase Price
$760,000
Stamp Duty
$27,225
Transfer Fee
$2,668
Conveyancing
$1,665
Deposit (10%)
$76,000
Reg. Mortgage
$224
LMI Premium
$21,460
Renovation Costs
-
Total Cash/Equity Required
$129,793
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,044
$34,785
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$21,100
-$10,359
Depreciation
-
-
Tax Offset
-$6,330
-$3,108
Net Cashflow After Tax
-$14,770
-$7,251
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$684,000
$684,000
$117,000
$764,017
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