Suburb Snapshot
Vacancy rate0.00%
10yr capital growth (p.a.)0.00%
Purchase Cost
Loan amount (LVR 70%)$654,780
Deposit (30%)$280,620
Stamp duty$11,870
Legal fees$2,000
Total purchase cost$294,490
Rental Revenue
Weekly rent$1,750
Annual rent$91,000
Gross yield9.73%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (7.70%)$7,007
Financing
Interest rate8.40%
Interest (p.a., interest-only)$55,002
Monthly repayment$4,583
Cashflow Summary
Cashflow p.a.$12,131
Cashflow / month$1,011
Cashflow / week$233
Cash-on-cash return4.12%