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Try Picki for FREE$140,000
-$52,671
2.0%
Asking Price
$1,850,000
Estimated Purchase Price
$1,710,000
Stamp Duty
$94,050
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$171,000
Reg. Mortgage
$129
LMI Premium
$53,507
Renovation Costs
-
Total Cash/Equity Required
$324,047
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,329
$38,052
Interest Repayments
$101,574
$101,574
Net Cashflow Before Tax
-$75,245
-$63,522
Depreciation
-
-
Tax Offset
-$22,573
-$19,057
Net Cashflow After Tax
-$52,671
-$44,465
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,975,800
$3,571,776
Loan Balance
I.O
$1,539,000
$1,539,000
$436,800
$2,032,776