Townsville Property Is On The Move…

If you are serious investor then this has to be the package to look at. A brand new 4 bedroom home, with ensuite and robes to all rooms. The home comes complete with turf, cloths line, letter box, airconditioning throughout, driveway and all floor coverings. Located in the popular Riverparks Estate you can’t go wrong with the location and the price.

pics are for illustration purposes only

PRICES CAN BE SUBJECT TO CHANGE. CASH FLOW ANALYSIS AVAILABLE ON REQUEST.

Investment Cost
Purchase price 378,507
Purchase costs 13,173
Loan costs 9,260
Total investment cost 400,940
Loan Details
Initial cash invested 50,000
Initial loan amount (total cost + any additional loan cash invested) 350,940
Loan type I/O (5.90%)
Interest payments 20,705
Total loan payments 20,705
Closing loan balance 350,940
Property Income and Expenditure
Rental income 19,365
Rental expenses 6,116
Net rental income (rent retained expenses paid) 13,248
Pre-Tax Cash Flow (net rent loan payments) -7,457
Tax Deductions
Cash deductions
Loan interest 20,705
Rental expenses 6,116
Non-Cash Deductions
Depreciation Building ($180,000 @ 2.50%) 4,500
Depreciation Furniture, fixtures and fittings 2,796
Loan cost write-off ($9,260 over 5 yrs) 1,852
Total Tax Deductions 35,970
Tax Credit Calculation
Present taxable income 110,000
Rental income 19,365
Total income 129,365
Rental deductions 35,970
New taxable income 93,395
Present tax 21,750
New tax 16,505
Tax credit or rebate 5,245
Annual after-tax investment (pre-tax cash flow + tax credit) $2,212
Weekly after-tax investment $43
Disclaimer: Note that the computer projections listed above simply illustrate the outcome calculated from the input
values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way
intended to be a guarantee of future performance.