Rental Property Depreciation Appraisals
   

   
The following examples are from real appraisals and are used for illustrative purposes only. Each property varies widely depending on the level of fit-out, size and age of depreciable assets.
    

Purchased  in Papakura
 
New 161m2 Standard Rental property
Depreciable Assets
First 12 months depreciation
First 12 months Tax saving*
 
5 years depreciation on diminishing value
5 years tax saving
Tax saving based on 33% marginal tax rate
    
$595,000
$38,000
$6,300
$2,079
 
$21,300
$7,029
    
Purchased  in Manurewa
 
Renovated basic small property    
Depreciable Assets
First 12 months depreciation
First 12 months Tax saving*
 
5 years depreciation on diminishing value
5 years tax saving
Tax saving based on 33% marginal tax rate
    
$447,000
$30,000
$4,100
$1,350
 
$14,300
$4,719
    
Purchased  in Botany
 
Original condition 20 year old property       
Depreciable Assets
First 12 months depreciation
First 12 months Tax saving*
 
5 years depreciation on diminishing value
5 years tax saving
Tax saving based on 33% marginal tax rate
    
$744,000
$29,000
$3,500
$1,150
 
$13,000
$4,290