$270K
$39,874
Confidence
High
-
Medium
-
Low
-
Confidence
4%
46.3%
$201K
7.8%
-
-$2,697
6.9%
4.5%
-6.0%
6.0%
Asking Price
$285,000
Estimated Purchase Price
$265,000
Stamp Duty
$9,668
Transfer Fee
$2,435
Conveyancing
$1,226
Deposit (10%)
$26,500
Reg. Mortgage
$187
LMI Premium
$4,572
Renovation Costs
-
Total Cash/Equity Required
$45,137
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,389
$1,812
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$11,889
$17,503
Interest Repayments
$15,741
$15,741
Net Cashflow Before Tax
-$3,852
$1,762
Depreciation
-
-
Tax Offset
-$1,156
$529
Net Cashflow After Tax
-$2,697
$1,234
Assumptions
Year 1
Year 10
Property Value
6.8%
$283,020
$511,633
Loan Balance
I.O
$238,500
$238,500
$44,520
$273,133
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2016 Population
Suburbs
Agriculture, Forestry and Fishing - 29.0%
Education and Training - 10.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 10.0%
Others - 41.0%
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