Example property
What this new build could cost you each month as a rentvest, in a best and worst case — shown here on an example taxable salary of $100,000. Use your own salary in the calculator.
For TEST - Protea 19 Varient, CLYDE NORTH VIC (calculator test, not for sale) on a taxable salary of $100,000, borrowing 100% of the purchase price plus LMI ($672,384).
Tenanted at the appraised rent every week.
You're short about $720 a month after tax
Averaged over 3 years. The tax refund only offsets part of the cost — the net figure is what leaves your pocket.
Empty every week — the rental guarantee pays instead.
You're short about $830 a month after tax
Averaged over 3 years. The tax refund only offsets part of the cost — the net figure is what leaves your pocket.
Stamp duty $9,576 + other upfront costs $2,500 = $12,076. No deposit, because the whole price is borrowed.
Because the whole price plus LMI is borrowed, more of the holding cost is interest — and interest on an investment loan is deductible. That is why the tax effect looks larger than on a smaller loan. It reduces the cost; it does not remove it.
| Item | Year 1 FY2026-27 | Year 2 FY2027-28 | Year 3 FY2028-29 |
|---|---|---|---|
| Weeks tenanted | 52 | 52 | 52 |
| Rent received | $30,160 | $30,160 | $30,160 |
| Interest | −$43,033 | −$43,033 | −$43,033 |
| Holding costs | −$7,822 | −$7,822 | −$7,822 |
| Depreciation (non-cash) | −$14,280 | −$13,080 | −$12,180 |
| LMI deduction (non-cash) | −$3,917 | −$3,917 | −$3,917 |
| Taxable result | −$38,892 | −$37,692 | −$36,792 |
| Tax refund | $12,445 | $12,061 | $11,773 |
| Cash before tax | −$20,695 | −$20,695 | −$20,695 |
| Net cash after tax | −$8,250 | −$8,634 | −$8,922 |
| Item | Year 1 FY2026-27 | Year 2 FY2027-28 | Year 3 FY2028-29 |
|---|---|---|---|
| Weeks tenanted | 0 | 0 | 0 |
| Rent or guarantee received | $28,080 | $28,080 | $28,080 |
| Interest | −$43,033 | −$43,033 | −$43,033 |
| Holding costs | −$7,662 | −$7,662 | −$7,662 |
| Depreciation (non-cash) | −$14,280 | −$13,080 | −$12,180 |
| LMI deduction (non-cash) | −$3,917 | −$3,917 | −$3,917 |
| Taxable result | −$40,812 | −$39,612 | −$38,712 |
| Tax refund | $13,060 | $12,676 | $12,388 |
| Cash before tax | −$22,615 | −$22,615 | −$22,615 |
| Net cash after tax | −$9,555 | −$9,939 | −$10,227 |
General information only. This is not financial, tax, legal or credit advice and does not take into account your objectives, financial situation or needs. Consider your own circumstances and talk to a licensed financial adviser, registered tax agent and credit provider before acting. Tax figures are as at 6 November 2026 and some rules depend on legislation still before Parliament. Credit is subject to eligibility and the lender's credit assessment.
Example Property Report
CLYDE NORTH VIC 3978
Conditions: TEST: paid weekly while the property is untenanted, for the 36-month term only.
Cost: TEST: whether the guarantee's cost is in the price is to be confirmed for real properties.
The guarantee is provided by the property management company, not WPF GO. It ends when the term ends and depends on the provider paying.
| Item | Best case | Worst case |
|---|---|---|
| Monthly shortfall before tax | $1,720 | $1,880 |
| Tax refund over the period | $36,280 | $38,123 |
| Monthly shortfall after tax | $720 | $830 |
| Net out of pocket, 3 years | $25,805 | $29,721 |
| Upfront cash | $12,076 | |
TEST DATA for checking the calculator. Not a real property offer, appraisal, depreciation schedule or rental guarantee.
Figures as at 6 November 2026.
The information on wpfgo.com.au is general information only. It is not financial product advice, tax advice, legal advice or credit advice, and it has been prepared without taking into account your objectives, financial situation or needs. Before acting on any of it, consider whether it is appropriate for you and seek advice from a licensed financial adviser, a registered tax agent and a licensed credit provider or broker. Property values can fall as well as rise, rents can fall and properties can be vacant. Past performance is not a reliable indicator of future performance. Tax rules described on this site are stated as at 6 November 2026; the treatment of new residential dwellings depends on the Treasury Laws Amendment (Tax Reform No. 3) Bill 2026, which is before Parliament and may change. Any calculator results are estimates based on the assumptions shown and are not a forecast or a promise of any outcome. Finance of 100% of the purchase price plus LMI is offered through licensed lending partners, including Empower Money (Australian Credit Licence 561207), and is subject to eligibility, the lender's credit assessment, terms and conditions, fees and charges. Any rental guarantee referred to on this site is provided by the property management company named in the relevant contract, for a fixed term, ends when that term ends, and depends on that company being able to pay. WPF GO is a trading name of First Home Buyers Summit Pty Ltd (ABN 52 682 508 014), part of the WPF Holdings group of companies. Contact: admin@wpfgo.com.au.
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