Purchase Cost
Loan amount (LVR 70%)$933,633
Deposit (30%)$400,128
Stamp duty$24,300
Legal fees$2,000
Total purchase cost$426,428
Rental Revenue
Weekly rent$2,080
Annual rent$106,905
Gross yield8.02%
Recurring Costs (p.a.)
Council rates$2,400
Water rates$3,120
Electrical$3,120
NBN$1,020
Insurance$3,600
Maintenance$3,600
Management (10.00%)$10,691
Financing
Interest rate8.40%
Interest (p.a., interest-only)$78,425
Monthly repayment$6,535
Cashflow Summary
Cashflow p.a.$930
Cashflow / month$77
Cashflow / week$18
Cash-on-cash return0.22%