Suburb Snapshot
Vacancy rate0.00%
10yr capital growth (p.a.)0.00%
Purchase Cost
Loan amount (LVR 70%)$728,420
Deposit (30%)$312,180
Stamp duty$10,670
Legal fees$2,000
Total purchase cost$324,850
Rental Revenue
Weekly rent$2,450
Annual rent$127,400
Gross yield12.24%
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)$61,187
Monthly repayment$5,099
Cashflow Summary
Cashflow p.a.$39,543
Cashflow / month$3,295
Cashflow / week$760
Cash-on-cash return12.17%