Update: Our Negative Gearing Calculator is now up and running at Negative Gearing Calculator.
We are currently developing our Negative Gearing Calculator and we would love to hear your views on what features you would like to see. Or perhaps more precisely, what financial information you need to help make your decision on what investment property to buy?
In our discussions with clients about investment properties, they generally have two main questions:
In order to calculate these two questions, there are a number of variables including the purchase price, current income, loan amount, interest rate, gross rental income, expenses, depreciation and expected capital growth.
The calculator will enable you to quickly determine the effect of:
It will also enable you to compare multiple properties to determine which has the lowest cost per week. A new apartment may have a lower cost per week than a less expensive older apartment due to the effect of depreciation.
What features would you like to see in a negative gearing calculator ?
What information do you need from your accountant to assist in your property investment decisions?