Know what a property costs you to hold, before you buy.
Put in the price and the rent. See the cash you need upfront, what it costs each week after rent, and how equity and cash flow could build over 20 years.
Five steps. Results as you type.
Start with the property and the rent; everything else has a sensible starting figure you can change. Stamp duty, mortgage insurance and land tax are worked out for you.
The property
Where it is, what it costs and what it should rent for.
The unimproved land value on the council rates notice. Used for land tax.
The loan
Your deposit and the loan you would take.
$80,000 deposit. You borrow 80% of the price.
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Charged when you borrow more than 80% of the price. Estimated up to 94%; above that, enter your lender's quote. It varies by lender.
Buying costs
One-off costs to get the keys, on top of the deposit.
Estimated for SA from the price.
Buyer's agent, finance broker and similar.
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The quantity surveyor's report.
Running costs
What it costs to own each year.
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Estimated for SA from the land value and who buys.
Growth and tax
Assumptions for the 20-year projection.
Before this property.
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Follows the purchase price. Type a figure to set it separately.
From your depreciation schedule.
How it could look over time.
Assumes 6.0% capital growth, 5.0% rent growth and 3.0% inflation a year. Change these in step 05.
Property value and loan
Equity is the gap between the two lines. The projection keeps the loan at its starting amount.
General information only, not financial, tax or credit advice. Figures are estimates based on the assumptions you enter and simplified stamp duty, land tax, mortgage insurance and income tax rules that may not match your circumstances. We do not claim accuracy of this tool. Please do your own due diligence and get independent advice before making any decision.