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0
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-$30,251
2.6%
Asking Price
$1,090,000
Estimated Purchase Price
$1,090,000
Stamp Duty
$59,950
Transfer Fee
$2,656
Conveyancing
$1,196
Deposit (10%)
$109,000
Reg. Mortgage
$129
LMI Premium
$31,080
Renovation Costs
-
Total Cash/Equity Required
$204,561
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,530
$31,221
Interest Repayments
$64,746
$64,746
Net Cashflow Before Tax
-$43,216
-$33,525
Depreciation
-
-
Tax Offset
-$12,965
-$10,058
Net Cashflow After Tax
-$30,251
-$23,468
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,142,760
$2,065,838
Loan Balance
I.O
$981,000
$981,000
$161,760
$1,084,838