Purchase Cost
Loan amount (LVR 70%)$733,600
Deposit (30%)$314,400
Stamp duty$11,270
Legal fees$2,000
Total purchase cost$327,670
Rental Revenue
Weekly rent$2,450
Annual rent$127,400
Gross yield12.16%
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%)$9,810
Financing
Interest rate8.40%
Interest (p.a., interest-only)$61,622
Monthly repayment$5,135
Cashflow Summary
Cashflow p.a.$39,108
Cashflow / month$3,259
Cashflow / week$752
Cash-on-cash return11.94%