Investment Property Income & Expenses

Property Address 3 Lorikeet Avenue

Purchase price $158,000
Percentage owned 100%
Date purchased 10/16/2016
Date property started earning rental income 4/11/2022
Number of days rented this year 365
Number of days used for private purposes (e.g. Holiday homes) 0
Did you redraw any funds from your loan this year? YES

Purchasing Costs (if purchased this year)

Stamp duty (Government) $0.00
Transfer fee (Government) $0.00
Registration of mortgage (Government) $0.00
Pest inspection $0.00
Strata inspection $0.00
Building inspection $0.00
Conveyancing fees $0.00
Bank cheque fees $0.00
Penalty interest (if applicable) $0.00
TOTAL $0.00

Management Expenses
Property manager fees $0.00
Letting fees $0.00
Tribunal expenses $0.00
Handling fees / postage / sundry exp $65.00
TOTAL $65.00

Rates & Levies

Council rates (Four notices received each year) $1,690.00
Water rates (Four notices received each year) $354.33
Body corporate / strata levies (Four notices received each year) $1,185.00
Land tax (Annual) $0.00
TOTAL $3,229.33

Loan Expenses
Interest expense $9,697.68
Annual package fee / monthly fees $395.00
Other fees $0.00
TOTAL $10,092.68

Borrowing Costs (if loan setup this year)

Application fee $0.00
Valuation fee $0.00
Settlement fee $0.00
Lender's legal fees $0.00
Brokerage fee $0.00
Lenders Mortgage Insurance premium $0.00
TOTAL $0.00

Repairs & Renovations

Repairs (e.g. plumbing and electrical) $320.00
Renovations $0.00
Construction cost (if you built the property this year) $0.00
DA fees, architect fees, surveys & compliance certificates $0.00
Gardening $220.00
Cleaning $180.00
Pest control $0.00
TOTAL $720.00

Other Expenses
Building insurance $1,326.00
Landlords insurance $0.00
Stationary, telephone expenses & postage $60.00
Depreciation schedule (cost of obtaining schedule) $0.00
Travel to inspect your investment property $0.00
Legal fees $0.00
TOTAL $1,386.00

Income
Rent received $17,160.00
Water usage charged to tenants $650.00
Claims on insurance policies $0.00
TOTAL $17,810.00

TOTAL INCOME $17,810.00

TOTAL EXPENSES THIS YEAR $15,493.01
EXPENSES EXCLUDING BORROWING / PURCHASE COSTS $15,493.01

CASH FLOW THIS YEAR $2,316.99

CASH FLOW EXCLUDING BORROWING / PURCHASE COSTS $2,316.99

Please provide a depreciation schedule to your accountant if you have not done so already.
If applicable provide your accountant with a list of assets purchased and sold to assist them to calculate your dep

Please contact the Home Loan Experts if you need help with an Investment Property Loan
© 2011 Dargan Financial ATF The Dargan Financial Discretionary Trust T/AS Home Loan Experts
16 Elm Avenue, MB (PPOR) 3 Ridge Road LOBETHAL 4 Lorikeet Avenue MB
$354,000 $123,000 $311,250
100% 100% 100%
11/10/2022 NYP
PPOR
365 365 365

No No No

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$65.00 $65.00 $65.00
$65.00 $65.00 $65.00

$1,950.00

$1,950.00 $0.00 $0.00

$9,697.68 $9,697.68 $9,697.68

$9,697.68 $9,697.68 $9,697.68

 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $20,800.00 $17,680.00

$561.60 $650.00 $650.00
$0.00
$561.60 $21,450.00 $17,680.00

$561.60 $21,450.00 $17,680.00

$11,712.68 $9,762.68 $9,762.68
$11,712.68 $9,762.68 $9,762.68

-$11,151.08 $11,687.32 $7,917.32

-$11,151.08 $11,687.32 $7,917.32

them to calculate your depreciation deduction.

6 Lorikeet Avenue MB 14 Elm Avenue MB Property 7 address
$311,250 $285,000
100% 100%
NYP NYP

365 365 365

No No

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$65.00 $65.00 $65.00
$65.00 $65.00 $65.00

$0.00 $0.00 $0.00

$9,697.68 $9,697.68 $9,697.68

$9,697.68 $9,697.68 $9,697.68

 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$20,540.00 $18,200.00
$650.00 $650.00

$21,190.00 $18,850.00 $0.00

$21,190.00 $18,850.00 $0.00

$9,762.68 $9,762.68 $9,762.68
$9,762.68 $9,762.68 $9,762.68

$11,427.32 $9,087.32 -$9,762.68

$11,427.32 $9,087.32 -$9,762.68
Property 8 address

365

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

$0.00
$0.00
$0.00
$65.00
$65.00

$0.00

$9,697.68

$9,697.68
 $0.00

$0.00

$0.00

$0.00

$0.00
$9,762.68
$9,762.68

-$9,762.68
-$9,762.68
Total Rental Income $165,880.00
7 Total Rental Income Minus Expenses
8 Total Interest Payments (no PPOR)
9 Total Land Tax
10 FINAL NET

IP 1 - Insert Address HeIP 1 - Insert Address Here

13 Rent
14 Prop Mgmt
15 Maintenance
16 Rates
17
Insurance
18 Other
19 Fixed Interest
20 Variable Interest
21 NET
22

IP 2 - Insert Address Here

24 Rent
25 Prop Mgmt
26 Maintenance
27 Rates
28
Insurance
29 Other
30 Fixed Interest
31 Variable Interest
32 NET

IP 3 - Insert Address Here

Rent
Prop Mgmt
Maintenance
Rates

Insurance
 Other
Fixed Interest
Variable Interest
NET

IP 4 - Insert Address Here

46 Rent
47 Prop Mgmt
48 Maintenance
49 Insurance
50
Rates
51 Other
52 Fixed Interest
53 Variable Interest
54 NET

IP 5 - Insert Address Here

57 Rent
58 Prop Mgmt
59 Maintenance
60 Insurance
61
Rates
62 Other
63 Fixed Interest
64 Variable Interest
65 NET

7 IP 6 - Insert Address Here

68 Rent
69 Prop Mgmt
70 Maintenance
71 Insurance
72
Rates
73 Other
74 Fixed Interest
75 Variable Interest
 76 NET

Equity Extract 1 - Insert IP Address Here

79 Fixed Interest
80 Variable Interest
81 NET
82

0 PPOR - Insert Address Here

91 Rates
92 Fixed Interest
93 Variable Interest
94 TOTAL
95

Total Purchase Price Total Estimated Value

99
100
101
102

LVR (purchase price) LVR (market value)

Single income
Gross Income
50000
 75000
100000
125000
Joint Income
90000
120000
160000
 Weeks Rented
$125,944.80
(not considering depreciation and negative gearing) $152,985.04
$3,500.00
-$30,540.24

Fixed $0.00 2.59%

$23,400.00 Variable $236,700.00
$1,801.80 Offset $0.00
$1,500.00 I/O
$2,000.00 P&I

$1,000.00 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$15,196.14
$1,402.06

Fixed $0.00 2.49%

$28,080.00 Variable $301,546.11
$1,544.40 Offset $0.00
$1,500.00 I/O
$2,000.00 P&I

$1,000.00 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$20,655.91
$879.69

Fixed $0.00 2.49%

$28,080.00 Variable $301,546.11
$1,544.40 Offset $0.00
$1,500.00 I/O
$2,000.00 P&I

$1,000.00 (sheet still doesn't cater for P&I but eventually will)
 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$20,655.91
$879.69

Fixed $0.00 2.59%

$28,080.00 Variable $404,600.30
$1,544.40 Offset $0.00
$1,500.00 I/O
$1,000.00 P&I

$2,000.00 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$25,975.34
-$4,439.74

Fixed $0.00 2.49%

$29,120.00 Variable $451,231.00
$1,584.00 Offset $0.00
$1,500.00 I/O
$500.00 P&I

$2,000.00 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$29,871.49
-$7,335.49

Fixed $0.00
$28,600.00 Variable $429,020.00
$1,887.60 Offset $0.00
$1,500.00 I/O
$1,000.00 P&I

$2,000.00 (sheet still doesn't cater for P&I but eventually will)
$500.00
$0.00
$30,460.42
 -$8,748.02

Fixed $0.00 2.49%

$0.00 Variable $31,300.00
$2,009.46 Offset $0.00
-$2,009.46 I/O
P&I

Fixed $0.00
$2,000.00 Variable $760,804.42
$0.00 Offset $52,000.00
$49,545.43 I/O
$51,545.43 P&I
$991.26 per week

Total Equity

otal Purchase Price Total Estimated Value

99
100

Borrowing capacity Property value w20% deposit

163000
 244500
326000
407500
Borrowing capacity Property value w20% deposit
 52
Var Rate Change 1.00%
Fixed Rate Change 0.00%

$269,500.00 $450,000.00 $213,300.00

6.42%

$381,000.00 $650,000.00 $348,453.89

6.85%

$381,000.00 $650,000.00 $348,453.89

6.85%
 $620,000.00 $750,000.00 $345,399.70
6.42%

$456,000.00 $460,000.00 $8,769.00

6.62%

2.49% $321,000.00 $340,000.00

7.10%
 6.42%

3.19% $951,000.00 $1,000,000.00

6.99%

$3,569,500.00 $4,400,000.00

Total Debt LVR (purchase price)

$3,056,288.80 85.62%

Total Equity

Total Debt
$3,056,288.80 85.62% 69.46%
-$89,020.00
 $239,195.58

$1,490,939.63

LVR (market value)

69.46%

$3,569,500.00 $4,400,000.00
$1,490,939.63