What the calculator follows
The cash needed is the price less the loan, plus NSW transfer duty from the same verified brackets as our stamp duty calculator (no first home concessions on an investment), plus your other buying costs. Rent is collected for the weeks the property is let, less management and running costs. Interest, costs and depreciation are deducted for tax at the 2026–27 resident rates plus the Medicare levy, under the rule that applies to when you bought: from 1 July 2027 an established home bought after Budget night can’t be negatively geared against salary.
It covers the first year only, with one rate and no growth in rent, value or costs. Moneysmart’s warning applies: don’t rely on rent to cover the mortgage, because there may be times when the property is empty. The land tax calculator gives the land tax figure to put in the costs, and the negative gearing calculator shows the tax on its own. This page is general information, not tax or financial advice.