CASH FLOW ANALYSIS Rental Income – 50 weeks occupancy $275.00 (Rental Income – Under NRAS $205.98) Less Allowable Deductions Cash Deductions Loan Interest (Fixed) @ 6.0% Body Corporate Council & Water Rates Property Management @ 8.5% (NRAS 11%) + (GST) $105.60 P&P Letting Fee Repairs & Maintenance Allowable Cash Deductions Non Cash Deductions Depreciation - Building @ 2.5% Depreciation - Fixtures & Fittings Total Allowable Deductions Taxable Income of $80k - $180k post net rental result NRAS Tax-Free Incentive $10,280 per dwelling/key Tax Return (Based on 38.5% marginal tax rate) AFTER-TAX CASH FLOW surplus/(deficiency) Per Annum AFTER-TAX CASH FLOW surplus/(deficiency) Per Week Projected year end Property Value Acquisition: $285,500 The following assumptions have been considered when calculating the projected cash flow models. Assumptions: Rental growth of 4.5%. Expense inflation of 3% per annum. Loan interest (fixed) of 6.0%. We have assumed that income tax rates applicable to the 2012/13 financial year will not change over the period of the forecast. Property Holder has $100,000 of other taxable income. 5% Capital Growth Rate. This report has been prepared for the general information of investors by using assumptions and estimates provided by the vendor to facilitate explanation. Vincents are not economists and as such do not make any representations in relation to the capital or rental growth rate assumptions relied upon. It is made without consideration of the specific details of the investors’ financial situation. Financial institutions lending criteria may vary in relation to differing properties and potential investors’ should discuss their situation with a financial institution. Vincents Chartered Accountants does not accept any liability for the reliance placed on this information including results of any actions taken or not taken on the basis of this analysis. No information or recommendation either express or implied should be acted on without obtaining specific advice from your professional advisor. Year 1 $13,750 $15,627 $3,772 $3,000 $1,391 $275 $200 $24,265 $6,347 $7,576 $38,188 $9,409 ($1,106) ($21.28) Year 5 $16,397 $15,627 $4,245 $3,377 $1,639 $328 $225 $25,440 $6,347 $2,111 $33,898 $6,738 ($2,305) ($44.33) Year 10 $20,434 $15,627 $4,992 $3,914 $2,016 $409 $261 $27,148 $6,347 $787 $34,282 $5,332 ($1,383) ($26.60) Year 1 $10,299 $15,627 $3,772 $3,000 $1,352 $1,000 $200 $24,950 $6,347 $7,576 $38,873 $10,280 $11,001 +$6,629 +$127.49 Stage One — Actual photo Property <strong>Investment</strong> Analysis TYPE 2 MARKET RENT NRAS Year 5 $12,281 $15,627 $4,245 $3,377 $1,592 $1,026 $225 $26,091 $6,347 $2,111 $34,549 $12,495 $8,573 +$7,259 +$139.59 Floor Year 10 $15,305 $15,627 $4,992 $3,914 $1,957 $1,061 $261 $27,742 $6,347 $787 $34,875 $15,948 $7,535 +$11,046 +$212.41 $299,800 $364,400 $465,000 $299,800 $364,400 $465,000 3 <strong>Emporio</strong>
TYPE 2 $285,500 1 1 1 Plan Type 2A ROBE BEDROOM LIVING BATH STORE BALCONY Disclaimer: The particulars in this document are set out as a general outline only. This is representative as a guide only and does not constitute an offer or contract. All floor areas measured to outside face of external walls and centre of party walls (including garage). First floor plans exclude area of internal stairs and voids (as measured at ground floor). All reasonable care has been taken in the preparation of this Floor Plan. Intending purchasers are advised to carry out their own investigations of the correctness of each description or reference. All Disclaimer: The particulars in this document are set out as a general outline only. This is representative as a guide only and does not constitute details were correct at the time of printing and are subject to change without notice. *Slight floor variation areas measured in size depending to outside on location face of external of lot. Please walls refer and to centre survey of plans party in walls contract (including for clarification garage). of First lot size. floor plans exclude area of internal stairs at ground floor). All reasonable care has been taken in the preparation of this Floor Plan. Intending purchasers are advise to carry out their own correctness of each description or reference. All details were correct at the time of printing and are subject to change without notice. LDY Total: 63m 2 REF HWU DB KITCHEN DINING Place Maroochydore | www.emporio.net.au | 5451 8500 | info@emporio 19