Withheld
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Try Picki for FREEConfidence
High
High
$550,000
Medium
$500,000
Low
$450,000
Confidence
Not applicable
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Try Picki for FREE$40,000
-$23,607
-
Asking Price
$523,500
Estimated Purchase Price
$485,000
Stamp Duty
$24,170
Transfer Fee
$1,241
Conveyancing
$1,196
Deposit (10%)
$48,500
Reg. Mortgage
$129
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$86,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,650
$2,153
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
-$4,915
-$6,413
Interest Repayments
$28,809
$28,809
Net Cashflow Before Tax
-$33,724
-$35,222
Depreciation
-
-
Tax Offset
-$10,117
-$10,567
Net Cashflow After Tax
-$23,607
-$24,655
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$436,500
$436,500
$124,200
$577,112
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