Suburb Snapshot
Vacancy rate0.00%
10yr capital growth (p.a.)0.00%
Purchase Cost
Loan amount (LVR 70%)$731,150
Deposit (30%)$313,350
Stamp duty$10,610
Legal fees$2,000
Total purchase cost$325,960
Rental Revenue
Weekly rent$2,450
Annual rent$127,400
Gross yield12.20%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Insurance$3,600
Maintenance$3,600
Management (7.70%)$9,810
Financing
Interest rate8.40%
Interest (p.a., interest-only)$61,417
Monthly repayment$5,118
Cashflow Summary
Cashflow p.a.$39,314
Cashflow / month$3,276
Cashflow / week$756
Cash-on-cash return12.06%