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
$530,000
Medium
$475,000
Low
$420,000
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-
-$11,474
3.8%
Asking Price
$475,000
Estimated Purchase Price
$475,000
Stamp Duty
$23,570
Transfer Fee
$1,217
Conveyancing
$1,196
Deposit (10%)
$47,500
Reg. Mortgage
$129
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$84,662
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,824
$17,418
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$16,391
-$10,797
Depreciation
-
-
Tax Offset
-$4,917
-$3,239
Net Cashflow After Tax
-$11,474
-$7,558
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%
$507,300
$917,078
Loan Balance
I.O
$427,500
$427,500
$79,800
$489,578
Below are some similar properties in the area you may be interested in.