Withheld
$90,195
"Cobains Located at 150 Monaghans lane, presents to the market 217 acres of dryland grazing. Ideal turnout paddock for dairy cows or heifers, beef production, cropping or the ideal lifestyle paddock to build your dream home. STCA Features include but not limited to 217 acres 4 titles Good set of cattle yards with loading race SD bore with solar pump Solid fencing, split into multiple paddocks Water includes both troughs and dams Please note there is 173 acres adjoining this property currently for sale as well. Contact Aaron Ralph 0456215087 or Jarryd Sutton 0457034111"
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84.6%
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-
$60,000
+
16.3%
14.7%
32.1%
6.0%
Asking Price
-
Estimated Purchase Price
$1,440,000
Stamp Duty
$79,200
Transfer Fee
$3,475
Conveyancing
$1,196
Deposit (10%)
$144,000
Reg. Mortgage
$129
LMI Premium
$45,058
Renovation Costs
-
Total Cash/Equity Required
$273,608
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+7.7% PA
$18,018
$25,645
Rates
+3.0% PA
$1,695
$2,212
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
$211,022
$300,938
Interest Repayments
$85,536
$85,536
Net Cashflow Before Tax
$125,486
$215,402
Depreciation
-
-
Tax Offset
$37,646
$64,621
Net Cashflow After Tax
$87,840
$150,781
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,296,000
$1,296,000
$306,000
$1,600,035
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply