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Try Picki for FREEConfidence
High
High
$460,000
Medium
$435,000
Low
$410,000
Confidence
Medium
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Try Picki for FREE-$25,000
-$9,725
4.3%
Asking Price
$429,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,542
$2,012
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
$13,431
$19,687
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$13,893
-$7,637
Depreciation
-
-
Tax Offset
-$4,168
-$2,291
Net Cashflow After Tax
-$9,725
-$5,346
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$464,580
$839,850
Loan Balance
I.O
$414,000
$414,000
$50,580
$425,850
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