Withheld
-
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
0
High
-
Medium
-
Low
-
Confidence
0
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
-
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$700,000
-$38,775
2.2%
Asking Price
$1,150,000
Estimated Purchase Price
$1,295,000
Stamp Duty
$71,225
Transfer Fee
$3,136
Conveyancing
$1,196
Deposit (10%)
$129,500
Reg. Mortgage
$129
LMI Premium
$40,521
Renovation Costs
-
Total Cash/Equity Required
$246,257
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
$76,923
$76,923
Net Cashflow Before Tax
-$55,393
-$45,702
Depreciation
-
-
Tax Offset
-$16,618
-$13,711
Net Cashflow After Tax
-$38,775
-$31,992
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$1,165,500
$1,165,500
-$530,040
-$16,740