Purchase Cost
Loan amount (LVR 70%)$1,006,743
Deposit (30%)$431,462
Stamp duty$26,775
Legal fees$2,000
Total purchase cost$460,237
Rental Revenue
Weekly rent$2,300
Annual rent$118,476
Gross yield8.24%
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%)$11,848
Financing
Interest rate8.40%
Interest (p.a., interest-only)$84,566
Monthly repayment$7,047
Cashflow Summary
Cashflow p.a.$5,202
Cashflow / month$433
Cashflow / week$100
Cash-on-cash return1.13%