Suburb Snapshot
Vacancy rate0.00%
10yr capital growth (p.a.)0.00%
Purchase Cost
Loan amount (LVR 70%)$724,360
Deposit (30%)$310,440
Stamp duty$13,670
Legal fees$2,000
Total purchase cost$326,110
Rental Revenue
Weekly rent$2,100
Annual rent$109,200
Gross yield10.55%
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)$60,846
Monthly repayment$5,071
Cashflow Summary
Cashflow p.a.$23,085
Cashflow / month$1,924
Cashflow / week$444
Cash-on-cash return7.08%