Purchase Cost
Loan amount (LVR 70%)$683,130
Deposit (30%)$292,770
Stamp duty$19,250
Legal fees$2,000
Total purchase cost$314,020
Rental Revenue
Weekly rent$1,600
Annual rent$83,200
Gross yield8.53%
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%)$6,406
Financing
Interest rate8.40%
Interest (p.a., interest-only)$57,383
Monthly repayment$4,782
Cashflow Summary
Cashflow p.a.$2,551
Cashflow / month$213
Cashflow / week$49
Cash-on-cash return0.81%