Folks, What estimates do you use when calculating purchase cost and cash flow to shortlist IPs? Budget range of IP: $400k - $550k Purchase and borrowing costs Stamp duty and transfer fee (available from http://www.realestate.com.au/blog/stamp-duty-calculator/) Legal fees Building and pest inspections Borrowing costs Mortgage registration fee (available from http://www.realestate.com.au/blog/stamp-duty-calculator/) LMI if borrowing 88% of $550k (just a ballpark. I'm sure it's different with the different lender) Running costs IO loan repayments (what's ballpark interest rate would you use, as the current rate will eventually increase) Rates & water per quarter Landlord insurance PM fees Letting fees Maintenance Have I missed anything? Would greatly appreciate some guidance here. Thank you.