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
High
High
$2,800,000
Medium
$2,600,000
Low
$2,400,000
Confidence
Medium
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-$200,000
-$59,427
3.3%
Asking Price
$2,800,000
Estimated Purchase Price
$2,800,000
Stamp Duty
$141,525
Transfer Fee
$11,262
Conveyancing
$1,665
Deposit (10%)
$280,000
Reg. Mortgage
$224
LMI Premium
$86,764
Renovation Costs
-
Total Cash/Equity Required
$521,991
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$93,600
$133,222
Property Management
+7.7% PA
$7,207
$10,258
Rates
+3.0% PA
$1,318
$1,720
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
$81,424
$116,480
Interest Repayments
$166,320
$166,320
Net Cashflow Before Tax
-$84,896
-$49,840
Depreciation
-
-
Tax Offset
-$25,469
-$14,952
Net Cashflow After Tax
-$59,427
-$34,888
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%
$2,776,800
$5,019,794
Loan Balance
I.O
$2,520,000
$2,520,000
$256,800
$2,499,794