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0
High
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Medium
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Low
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Confidence
0
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-$11,743
4.4%
Asking Price
$589,000
Estimated Purchase Price
$635,000
Stamp Duty
$33,170
Transfer Fee
$1,592
Conveyancing
$1,196
Deposit (10%)
$63,500
Reg. Mortgage
$129
LMI Premium
$18,106
Renovation Costs
-
Total Cash/Equity Required
$118,242
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$20,943
$30,398
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$16,776
-$7,321
Depreciation
-
-
Tax Offset
-$5,033
-$2,196
Net Cashflow After Tax
-$11,743
-$5,125
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$571,500
$571,500
$58,620
$567,607