Withheld
-
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
0
High
-
Medium
-
Low
-
Confidence
0
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
-
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$20,000
-$28,151
3.7%
Asking Price
-
Estimated Purchase Price
$1,405,000
Stamp Duty
$61,313
Transfer Fee
$5,406
Conveyancing
$1,665
Deposit (10%)
$140,500
Reg. Mortgage
$224
LMI Premium
$43,537
Renovation Costs
-
Total Cash/Equity Required
$253,195
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52,000
$74,012
Property Management
+7.7% PA
$4,004
$5,699
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
$43,242
$62,110
Interest Repayments
$83,457
$83,457
Net Cashflow Before Tax
-$40,215
-$21,347
Depreciation
-
-
Tax Offset
-$12,065
-$6,404
Net Cashflow After Tax
-$28,151
-$14,943
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,521,900
$2,751,233
Loan Balance
I.O
$1,264,500
$1,264,500
$257,400
$1,486,733