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Thanks, that would be great I'll try get some more details. The cash flow is not an issue, I'm more trying to determine how accurate the depreciation figure needs to be so as not to throw out the resulting cash flow estimate so far that it affects my decision to buy. Hope this makes sense, I...

Thanks alan, So even using a rough figure for depreciation will give a reasonably accurate cash flow estimate? Both of my options are 3 bed 2 bath LUG. Thanks again Sam

Hi all, I'm a new investor looking to purchase my first IP, and I'm wondering how do I determine how much depreciation to factor in when I'm trying to estimate cash flow for a new H&L or new townhouse development? I assume it will differ with respect to land size/value, purchase price...