Withheld
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Try Picki for FREEConfidence
High
High
$345,000
Medium
$320,000
Low
$295,000
Confidence
Medium
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-
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Try Picki for FREE-$30,000
-$3,853
6.2%
Asking Price
$329,000
Estimated Purchase Price
$350,000
Stamp Duty
$16,070
Transfer Fee
$925
Conveyancing
$1,196
Deposit (10%)
$35,000
Reg. Mortgage
$129
LMI Premium
$7,737
Renovation Costs
-
Total Cash/Equity Required
$61,606
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,608
$2,098
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
$15,285
$22,333
Interest Repayments
$20,790
$20,790
Net Cashflow Before Tax
-$5,505
$1,543
Depreciation
-
-
Tax Offset
-$1,651
$463
Net Cashflow After Tax
-$3,853
$1,080
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$315,000
$315,000
$26,760
$302,821