Suburb Snapshot
Vacancy rate1.10%
10yr capital growth (p.a.)9.83%
Purchase Cost
Loan amount (LVR 70%)$1,047,829
Deposit (30%)$449,069
Stamp duty$28,980
Legal fees$2,000
Total purchase cost$480,049
Rental Revenue
Weekly rent$2,380
Annual rent$122,399
Gross yield8.18%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (10.00%)$12,240
Financing
Interest rate8.40%
Interest (p.a., interest-only)$88,018
Monthly repayment$7,335
Cashflow Summary
Cashflow p.a.$5,281
Cashflow / month$440
Cashflow / week$102
Cash-on-cash return1.10%