Purchase Cost
Loan amount (LVR 70%)$975,704
Deposit (30%)$418,159
Stamp duty$25,650
Legal fees$2,000
Total purchase cost$445,809
Rental Revenue
Weekly rent$2,390
Annual rent$123,261
Gross yield8.84%
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%)$12,326
Financing
Interest rate8.40%
Interest (p.a., interest-only)$81,959
Monthly repayment$6,830
Cashflow Summary
Cashflow p.a.$12,116
Cashflow / month$1,010
Cashflow / week$233
Cash-on-cash return2.72%