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0
High
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Medium
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Low
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Confidence
0
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Try Picki for FREE-$180,000
-$92,206
1.1%
Asking Price
$2,400,000
Estimated Purchase Price
$2,580,000
Stamp Duty
$147,700
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$258,000
Reg. Mortgage
$129
LMI Premium
$80,729
Renovation Costs
-
Total Cash/Equity Required
$491,920
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,603
$2,092
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
$21,530
$31,221
Interest Repayments
$153,252
$153,252
Net Cashflow Before Tax
-$131,722
-$122,031
Depreciation
-
-
Tax Offset
-$39,517
-$36,609
Net Cashflow After Tax
-$92,206
-$85,422
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,563,200
$4,633,656
Loan Balance
I.O
$2,322,000
$2,322,000
$241,200
$2,311,656