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Try Picki for FREEConfidence
High
High
$980,000
Medium
$950,000
Low
$920,000
Confidence
Medium
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Try Picki for FREE$40,000
-$23,353
3.1%
Asking Price
$960,000
Estimated Purchase Price
$910,000
Stamp Duty
$36,135
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$91,000
Reg. Mortgage
$152
LMI Premium
$25,948
Renovation Costs
-
Total Cash/Equity Required
$155,865
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
Rates
+3.0% PA
$2,191
$2,859
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$20,692
$30,090
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
-$33,362
-$23,964
Depreciation
-
-
Tax Offset
-$10,009
-$7,189
Net Cashflow After Tax
-$23,353
-$16,774
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$819,000
$819,000
$195,600
$1,015,155
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