Purchase Cost
Loan amount (LVR 70%)$723,800
Deposit (30%)$310,200
Stamp duty$19,850
Legal fees$2,000
Total purchase cost$332,050
Rental Revenue
Weekly rent$1,850
Annual rent$96,200
Gross yield9.30%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Electrical$3,120
NBN$1,020
Insurance$3,600
Maintenance$3,600
Management (7.70%)$7,407
Financing
Interest rate8.40%
Interest (p.a., interest-only)$60,799
Monthly repayment$5,067
Cashflow Summary
Cashflow p.a.$11,133
Cashflow / month$928
Cashflow / week$214
Cash-on-cash return3.35%