$699K
$119,146
"This modern home located at 15 Lillydale Way, Trinity Beach boasts a modern design offering functionality Upon entering you will be greeted by a light filled open plan living area flowing seamlessly out to the outdoor alfresco area. The well equipped kitchen offers ample bench space, storage and quality appliances. Offering 4 generous bedrooms each with built in robe the master bedroom is a real treat with double built in robes and a generous ensuite. In summary modern and functional floorplan tiled and air conditioned throughout 4 bedrooms all with built in robes well equipped kitchen with ample storage bench space and quality appliances 478m low maintenance fenced block with easy care gardens 2020 build solar Fronius Inverter 10.5kw Located in a highly desirable pocket in Trinity Beach, for more information or to arrange your inspection please contact Keegan Lake 0433 446 900"
-
87.5%
$710K
5%
$40,000
-$12,877
4.4%
3.3%
-10.8%
6.0%
Asking Price
$700,000
Estimated Purchase Price
$700,000
Stamp Duty
$24,525
Transfer Fee
$2,415
Conveyancing
$1,665
Deposit (10%)
$70,000
Reg. Mortgage
$224
LMI Premium
$19,766
Renovation Costs
-
Total Cash/Equity Required
$119,146
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,680
$43,667
Property Management
+7.7% PA
$2,362
$3,362
Rates
+3.0% PA
$1,482
$1,934
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
$23,185
$33,607
Interest Repayments
$41,580
$41,580
Net Cashflow Before Tax
-$18,395
-$7,973
Depreciation
-
-
Tax Offset
-$5,519
-$2,392
Net Cashflow After Tax
-$12,877
-$5,581
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$630,000
$630,000
$160,320
$798,711
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price