Withheld
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Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$525,000
Medium
$500,000
Low
$475,000
Confidence
Not Applicable
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Try Picki for FREE$30,000
-$22,924
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Asking Price
-
Estimated Purchase Price
$470,000
Stamp Duty
$23,270
Transfer Fee
$1,206
Conveyancing
$1,196
Deposit (10%)
$47,000
Reg. Mortgage
$129
LMI Premium
$10,390
Renovation Costs
-
Total Cash/Equity Required
$83,740
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$32,749
-$34,221
Depreciation
-
-
Tax Offset
-$9,825
-$10,266
Net Cashflow After Tax
-$22,924
-$23,955
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$534,000
$965,345
Loan Balance
I.O
$423,000
$423,000
$111,000
$542,345
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