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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
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Try Picki for FREE$45,000
-$9,362
4.6%
Asking Price
$471,000
Estimated Purchase Price
$505,000
Stamp Duty
$25,370
Transfer Fee
$1,287
Conveyancing
$1,196
Deposit (10%)
$50,500
Reg. Mortgage
$129
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$90,195
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,710
$2,231
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
$16,623
$24,250
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$13,374
-$5,747
Depreciation
-
-
Tax Offset
-$4,012
-$1,724
Net Cashflow After Tax
-$9,362
-$4,023
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$454,500
$454,500
$132,900
$607,379
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