Start with the real rent period
Australian rents are usually advertised weekly, while many expenses are monthly, quarterly or annual. Convert everything into one annual model before deciding whether the property is genuinely positive.
Include the boring costs
Strata, council rates, insurance, property management, repairs, land tax and vacancy can move the outcome more than a small difference in purchase price.
Stress the loan
Model today’s repayment and a higher stress-test repayment. If the property only works at the best current rate, it may not survive refinancing or a policy change.
Use the free cashflow calculator, then bring the property into Stackhold when you want it connected to your DTI, LVR, income and next-purchase forecast.