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Try Picki for FREEConfidence
Medium
High
$2,500,000
Medium
$2,300,000
Low
$2,100,000
Confidence
Low
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Try Picki for FREE-$15,000
-$59,323
2.7%
Asking Price
$2,500,000
Estimated Purchase Price
$2,315,000
Stamp Duty
$130,475
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$231,500
Reg. Mortgage
$129
LMI Premium
$72,437
Renovation Costs
-
Total Cash/Equity Required
$439,903
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,566
$2,043
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
$52,764
$75,673
Interest Repayments
$137,511
$137,511
Net Cashflow Before Tax
-$84,747
-$61,838
Depreciation
-
-
Tax Offset
-$25,424
-$18,552
Net Cashflow After Tax
-$59,323
-$43,287
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,456,400
$4,440,587
Loan Balance
I.O
$2,083,500
$2,083,500
$372,900
$2,357,087
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