Download as pdf or txt
Download as pdf or txt
You are on page 1of 4

CLIENT: SITE: 4

Daphne St Wendouree
Land Value INDICATIVE COSTS:
$390,000 LAND (PURCHASE PRICE / ESTIMATED PRICE) $ 390,000.00

STAMP DUTY @ 5.242% approx. $ 20,443.80


Build Price
$715,000 BUILD $ 715,000.00

Demolition/Site preparation $ 20,000.00


Investment / Equity
30.00% SOLICITOR FEES $ 1,500.00
$344,083

Loan Amount
70.0%
$802,860.66

Lettable Rooms
9
Weekly Rental / Room TOTAL COST TOTAL LOAN
$300.00 $ 1,146,943.80 $ 802,860.66
% Occupancy
95% TOTAL ANNUAL RENTAL INCOME $ 133,380.00 $ 133,380.00

Loan Rate ON-GOING COSTS - OPERATION & FINANCE: (per annum)


5.00% INTEREST ON BORROWINGS # $ 40,143.03

Operation Allowance LICENCE, UTILITIES, MAINTENANCE, INSURANCE, RATES # $ 23,000.00


5.5%
Agent Letting Fee LETTING/MANAGEMENT FEE: ( 7.7% GST INC) # $ 11,410.80
1.5

ANNUAL NET INCOME $58,826.17


ANNUAL R.O.I 17.10%
This excercise excludes figures attributable to:Future Capital Appreciation, Post Construction Commercial Income Producing Revaluation, Annual
Room Rental Increases,Tax Depreciation,Land Tax Exemption

Disclaimer: This project feasibility is provided as a guide only. All or any information or percentages contained within this document is provided as an
indication only. The accuracy of any information, results or conclusions drawn must be checked and verified by each prospective client's financial
advisors, accountants and/or finance providers prior to making decisions. FD PROPERTY GROUP ARE NOT
FINANCIAL ADVISORS.

You might also like