Could you carry this property for three months without rent?
Keep the property through difficult periods.
Best for: Owners who haven't tested their position against a vacancy
Vacancies, arrears, and repairs between tenants all mean the same thing: a period where the property costs full price and pays nothing. This is the simplest stress test in property — and most owners have never actually run it.
Why this matters
If the answer is 'no', you're not necessarily in trouble — but you're relying on nothing going wrong. Knowing the shortfall number turns vague worry into a specific, fixable gap.
What to check
- Total monthly ownership costMortgage, rates, insurance, body corporate, management, average maintenance.
- Your available cash buffer for this property
- Any other income or redraw/offset access you could genuinely use in a pinch
Who can help
Property manager
Typical vacancy length in your market right now.
TAKE ACTION · CALCULATION
10 minutes
View calculation guide
Run the three-month test.
USE AI TO HELP
Use AI to run the three-month no-rent test and turn the result into a plan.
Best prompt for this issue
Add your numbers and they'll be built into the prompt below. Leave anything blank to keep a placeholder.
Run a stress test: my property's total monthly ownership cost is {monthlyCost} and my available buffer is {buffer}. Show what three months without rent costs, the shortfall or headroom against my buffer, and rank the levers most worth reviewing if there's a gap. State all assumptions.
Quick modes
WHAT TO PROVIDE
- total monthly ownership cost
- available cash buffer
- typical re-letting time in your market
ASK AI TO GIVE YOU
- a short summary of the situation
- the main issue
- missing information
- risks to investigate
- questions to ask
- the next three actions
Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading.
What happens next
A shortfall points you at the levers: build the buffer, check the rent is at market, review the loan rate, or trim recurring costs. Re-run the test after any big change in rates or rent.
Important considerations
- This is general information, not personal financial or legal advice. Confirm specifics with your own adviser before acting.
THE HOLD QUESTION
If the rent stopped tomorrow, how many weeks would you last before it became a crisis?
NOT SURE WHAT TO ASK AI?
Ask a Better Property Question
Most people don't need more AI — they need to ask AI better questions. Type your question (or skip it) and copy a prompt that makes any AI tool ask you the right things first.
I am trying to understand this property issue. Before answering, identify any important information that is missing. Ask me only the questions that materially affect the answer. Once I respond, explain the issue in plain English, separate facts from assumptions, identify the main risks and give me the next three actions. Flag anything that should be confirmed with a qualified professional.
Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading. This is a way to prepare — not financial, tax or legal advice.
Not sure what else to review?
Run the Annual HOLD CheckThe Kilroy Brief
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