| Purchase Price ๐
The total price paid to purchase the property, excluding extra costs.
|
800000 |
| Land Value๐
Approximate land component of purchase price.
|
640000 |
| One-off Costs |
| Stamp Duty (VIC) ๐
Stamp duty payable to the state government at purchase
|
43070 |
| Legal / Misc Fees๐
Includes lawyer, bank and other one-off charges.
|
2000 |
| Deposit Ratio ๐
Proportion of purchase paid upfront by buyer
|
30% |
| Deposit Amount๐
Total cash deposit at purchase
|
240000 |
| Renovation Cost๐
Estimated renovation or upgrade costs
|
0 |
| Total Upfront Costs๐
Sum of deposit, stamp duty, legal, renovation
|
285070 |
| Loan |
| Loan Amount ๐
Borrowed amount from the bank.
|
560000 |
| Interest Rate๐
Annual interest rate applied to loan
|
5.25% |
| Loan Term (Years) ๐
Loan repayment period.
|
30 |
| Monthly Repayment๐
Monthly principal + interest repayment
|
3092 |
| Income |
| Weekly Rent๐
Gross weekly rental income
|
600 |
| Agent Management Fee๐
Property management fee (% of rent).
|
5.5% |
| Annual Rental Income (est.) ๐
Approximate yearly rental income
|
31200 |
| Annual Expenses |
|
| Loan Repayments๐
Annual mortgage repayment
|
37108 |
| Body Corporate Fees๐
Strata / Owners Corp fee.
|
2000 |
| Council Rates๐
Annual council property tax
|
1750 |
| Water Rates ๐
Annual water charges.
|
1000 |
| Insurance ๐
Annual building insurance premium
|
500 |
| Maintenance ๐
Allowances for repairs & maintenance
|
500 |
| Management Fee (Rent) ๐
Property manager rent commission
|
1716 |
| Land Tax๐
Based on unimproved land value, VIC schedule.
|
2910 |
| Total Annual Expenses |
47484 |
| Capital Growth |
|
| Conservative Annual Growth Rate๐
Lower bound assumption of capital growth
|
1.5% |
| Expected Annual Growth Rate๐
Average expected annual growth rate
|
3.5% |
| Annual Capital Gain๐
Estimated annual capital gain at expected growth rate.
|
28000 |
| Cashflow |
|
| Annual Cashflow๐
Net cashflow = rent income - expenses
|
-16284 |
| Gross Yield๐
Gross rental yield = rent รท purchase price
|
3.9% |
| Net Yield๐
Net rental yield after deducting all costs
|
-2.04% |
| (Sale) Total Investment Return |
|
| Investment Period (Years) ๐
Holding period before selling
|
30 |
| Total Rental Income (est.) ๐
Total rent received over holding period.
|
1171207 |
| Conservative Value (Compound) ๐
Estimated property value at conservative growth rate.
|
1250464 |
| Expected Value (Compound)๐
Estimated property value at expected growth rate.
|
2245435 |
| Total Interest Paid๐
Total loan interest paid over term.
|
1113242 |
| Remaining Loan Principal๐
Outstanding loan at end of period
|
0 |
| Total Loan Outlay๐
Principal + interest paid to bank
|
1113242 |
| Agent Commission Rate๐
Rate charged by agent at sale
|
1.2% |
| Agent Commission ๐
Total agent fee at sale
|
29640 |
| Marketing Fee๐
Advertising / listing expenses
|
3000 |
| Legal / Other Fees (Sale) ๐
Lawyer, bank, misc costs at sale
|
2000 |
| Total Sale Costs๐
Sum of commission, marketing, legal at sale
|
34640 |
| Sale Profit (Conservative) ๐
Profit after costs at conservative growth rate
|
722509 |
| ROI (Conservative)๐
Annualized return at conservative scenario
|
23.85% |
| Sale Profit (Expected) ๐
Profit after costs at expected growth rate
|
1717479 |
| ROI (Expected) ๐
Annualized return at expected scenario
|
23.85% |