Withheld
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Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$520,000
Medium
$470,000
Low
$420,000
Confidence
Not Applicable
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Try Picki for FREE-$35,000
-$24,913
-
Asking Price
$470,000
Estimated Purchase Price
$505,000
Stamp Duty
$21,605
Transfer Fee
$4,739
Conveyancing
$1,226
Deposit (10%)
$50,500
Reg. Mortgage
$187
LMI Premium
$11,272
Renovation Costs
-
Total Cash/Equity Required
$90,079
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,072
$2,703
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
-$5,593
-$7,298
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$35,590
-$37,295
Depreciation
-
-
Tax Offset
-$10,677
-$11,188
Net Cashflow After Tax
-$24,913
-$26,106
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$454,500
$454,500
$47,460
$452,924
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