Purchase Cost
Loan amount (LVR 70%)$1,058,428
Deposit (30%)$453,612
Stamp duty$31,275
Legal fees$2,000
Total purchase cost$486,887
Rental Revenue
Weekly rent$2,530
Annual rent$130,481
Gross yield8.63%
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%)$13,048
Financing
Interest rate8.40%
Interest (p.a., interest-only)$88,908
Monthly repayment$7,409
Cashflow Summary
Cashflow p.a.$11,665
Cashflow / month$972
Cashflow / week$224
Cash-on-cash return2.40%