Suburb Snapshot
Vacancy rate0.00%
10yr capital growth (p.a.)0.00%
Purchase Cost
Loan amount (LVR 70%)$718,550
Deposit (30%)$307,950
Stamp duty$14,870
Legal fees$2,000
Total purchase cost$324,820
Rental Revenue
Weekly rent$2,100
Annual rent$109,200
Gross yield10.64%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (7.70%)$8,408
Financing
Interest rate8.40%
Interest (p.a., interest-only)$60,358
Monthly repayment$5,030
Cashflow Summary
Cashflow p.a.$23,573
Cashflow / month$1,964
Cashflow / week$453
Cash-on-cash return7.26%