Suburb Snapshot
Vacancy rate0.68%
10yr capital growth (p.a.)7.13%
Purchase Cost
Loan amount (LVR 70%)$1,028,877
Deposit (30%)$440,948
Stamp duty$30,150
Legal fees$2,000
Total purchase cost$473,098
Rental Revenue
Weekly rent$2,330
Annual rent$120,336
Gross yield8.19%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (10.00%)$12,034
Financing
Interest rate8.40%
Interest (p.a., interest-only)$86,426
Monthly repayment$7,202
Cashflow Summary
Cashflow p.a.$5,017
Cashflow / month$418
Cashflow / week$96
Cash-on-cash return1.06%