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
$580,000
Medium
$550,000
Low
$520,000
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$95,000
-$5,603
5.7%
Asking Price
$490,000
Estimated Purchase Price
$455,000
Stamp Duty
$22,370
Transfer Fee
$1,170
Conveyancing
$1,196
Deposit (10%)
$45,500
Reg. Mortgage
$129
LMI Premium
$10,058
Renovation Costs
-
Total Cash/Equity Required
$80,973
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,710
$2,231
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$19,023
$27,665
Interest Repayments
$27,027
$27,027
Net Cashflow Before Tax
-$8,004
$638
Depreciation
-
-
Tax Offset
-$2,401
$192
Net Cashflow After Tax
-$5,603
$447
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%
$587,400
$1,061,879
Loan Balance
I.O
$409,500
$409,500
$177,900
$652,379
Below are some similar properties in the area you may be interested in.