$105K
$18,224
"Step into this 3 bedroom weatherboard home set on a spacious block in a quiet location on the edge of town. Although, still within an easy walk to the main street of Kaniva. The Kitchen containing an electric stove, and the lounge room containing an open fire place. A cosy dining room or second lounge and a large bathroom. Outside containing a 2 bay steel garageshed plus a garden shed. This property may need some work but look at the price Great Starter"
Below are some similar properties in the area you may be interested in.
-
60.5%
$138K
12.3%
-$10,000
+
11.3%
6.3%
1.4%
6.0%
Asking Price
$105,000
Estimated Purchase Price
$115,000
Stamp Duty
$2,510
Transfer Fee
$375
Conveyancing
$1,196
Deposit (10%)
$11,500
Reg. Mortgage
$129
LMI Premium
$1,965
Renovation Costs
-
Total Cash/Equity Required
$18,224
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,545
$2,016
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
$7,189
$10,802
Interest Repayments
$6,831
$6,831
Net Cashflow Before Tax
$358
$3,971
Depreciation
-
-
Tax Offset
$107
$1,191
Net Cashflow After Tax
$251
$2,780
Assumptions
Year 1
Year 10
Property Value
6.8%
$112,140
$202,722
Loan Balance
I.O
$103,500
$103,500
$8,640
$99,222
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 49.0%
Health Care and Social Assistance - 11.0%
Education and Training - 7.0%
Public Administration and Safety - 6.0%
Others - 27.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price