Withheld
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
High
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-
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Try Picki for FREE-$80,000
-$18,642
3.2%
Asking Price
$649,000
Estimated Purchase Price
$730,000
Stamp Duty
$38,870
Transfer Fee
$1,814
Conveyancing
$1,196
Deposit (10%)
$73,000
Reg. Mortgage
$129
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$136,373
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,730
$24,389
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$26,632
-$18,973
Depreciation
-
-
Tax Offset
-$7,990
-$5,692
Net Cashflow After Tax
-$18,642
-$13,281
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$657,000
$657,000
$37,200
$597,948