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Try Picki for FREEConfidence
High
High
$1,450,000
Medium
$1,326,000
Low
$1,200,000
Confidence
Medium
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Try Picki for FREE$1,290,000
-$5,298
-
Asking Price
$31,000
Estimated Purchase Price
$35,000
Stamp Duty
$630
Transfer Fee
$230
Conveyancing
$1,226
Deposit (10%)
$3,500
Reg. Mortgage
$187
LMI Premium
$604
Renovation Costs
-
Total Cash/Equity Required
$6,927
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,968
$2,568
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
-$5,489
-$7,162
Interest Repayments
$2,079
$2,079
Net Cashflow Before Tax
-$7,568
-$9,241
Depreciation
-
-
Tax Offset
-$2,270
-$2,772
Net Cashflow After Tax
-$5,298
-$6,469
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,415,100
$2,558,164
Loan Balance
I.O
$31,500
$31,500
$1,383,600
$2,526,664
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