$690K
-
Confidence
High
-
Medium
-
Low
-
Confidence
-
73%
$710K
3.2%
-
-$18,488
3.2%
2.3%
-13.7%
6.0%
Asking Price
$690,000
Estimated Purchase Price
$725,000
Stamp Duty
$38,570
Transfer Fee
$1,802
Conveyancing
$1,196
Deposit (10%)
$72,500
Reg. Mortgage
$129
LMI Premium
$20,672
Renovation Costs
-
Total Cash/Equity Required
$135,419
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,679
$2,191
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
$16,654
$24,290
Interest Repayments
$43,065
$43,065
Net Cashflow Before Tax
-$26,411
-$18,775
Depreciation
-
-
Tax Offset
-$7,923
-$5,632
Net Cashflow After Tax
-$18,488
-$13,142
Assumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$652,500
$652,500
$121,800
$747,250
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2016 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 12.0%
Transport, Postal and Warehousing - 11.0%
Retail Trade - 10.0%
Others - 53.0%
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