Withheld
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Try Picki for FREEConfidence
High
High
$630,000
Medium
$600,000
Low
$570,000
Confidence
To be determined
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Try Picki for FREE-$20,000
-$29,452
-
Asking Price
$620,000
Estimated Purchase Price
$620,000
Stamp Duty
$32,270
Transfer Fee
$1,557
Conveyancing
$1,196
Deposit (10%)
$62,000
Reg. Mortgage
$129
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$115,379
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,981
$2,585
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
-$5,246
-$6,845
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$42,074
-$43,673
Depreciation
-
-
Tax Offset
-$12,622
-$13,102
Net Cashflow After Tax
-$29,452
-$30,571
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$558,000
$558,000
$82,800
$600,414
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