$575K
-
Confidence
High
-
Medium
-
Low
-
Confidence
-
-
-
-
-
-$17,001
3.3%
2.3%
-13.7%
6.0%
Asking Price
$650,000
Estimated Purchase Price
$665,000
Stamp Duty
$34,970
Transfer Fee
$1,662
Conveyancing
$1,196
Deposit (10%)
$66,500
Reg. Mortgage
$129
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$123,968
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
$1,679
$2,191
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
$15,214
$22,241
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$24,287
-$17,260
Depreciation
-
-
Tax Offset
-$7,286
-$5,178
Net Cashflow After Tax
-$17,001
-$12,082
Assumptions
Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$598,500
$598,500
$111,720
$685,409
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2016 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 12.0%
Transport, Postal and Warehousing - 11.0%
Retail Trade - 10.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price