P&I repayments via standard amortisation. SMSF LRBA rates: Pepper (6.84%), Heritage (7.99%), avg (7.49%). Investor: Unloan (6.04%), Macquarie (6.29%), avg (6.89%). RBA cash rate 4.35% May 2026. SMSF loans are typically 1.2–1.5% above standard investor rates due to the Limited Recourse Borrowing Arrangement (LRBA).

Management fee 6% of effective rent. Vacancy reduces gross rent. Div 40 + Div 43 reduce SMSF taxable income. SMSF tax 15% on net taxable rental income after depreciation. Year 1 interest = loan × annual rate.

Capital growth: house 8% p.a., townhouse 6% p.a. Rent escalated 3% p.a. Loan balance via full amortisation. SMSF total = property equity + non-property super. Years 5 and 10 highlighted.

Non-property super compounds from opening balance at your chosen return rate, plus annual contributions after 15% contributions tax. Opening balance is treated as separate from the property deposit.

Net yield calculated after 6% management fee, vacancy, and 15% SMSF tax. Shortfall = annual mortgage repayments minus effective annual rent.

Stamp duty estimated on state investor rates — SMSF purchases do not qualify for first home buyer concessions. LMI at 2% of loan if LVR exceeds 80%. Always verify with your solicitor and state revenue office.

Accumulation phase CGT: 15%. If held 12+ months, a 1/3 discount applies (effective 10%). In pension/retirement phase, CGT may be 0%. Excludes cost base reductions from depreciation claimed. Confirm with your SMSF auditor.