Suburb Snapshot
Vacancy rate0.89%
10yr capital growth (p.a.)9.07%
Purchase Cost
Loan amount (LVR 70%)$1,002,469
Deposit (30%)$429,630
Stamp duty$28,980
Legal fees$2,000
Total purchase cost$460,610
Rental Revenue
Weekly rent$2,340
Annual rent$120,597
Gross yield8.42%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (10.00%)$12,060
Financing
Interest rate8.40%
Interest (p.a., interest-only)$84,207
Monthly repayment$7,017
Cashflow Summary
Cashflow p.a.$7,470
Cashflow / month$622
Cashflow / week$144
Cash-on-cash return1.62%