Are these the kind of numbers that would get you excited? Rhetorical question. Manchester, long standing tenant, instant NET yield of 9%. No bidding wars, no closing dates, no gazumping. Secure it off the market instantly. No buyers fees. What you offer is what you pay. This is one of 1000+ in stock. Around 300 of which are off market 🤫 Costings Estimate Property Value £144,000.00 Secured Price £130,000.00 Stampduty £3,900.00 Total Cost £133,900.00 Total Discount (%) 9.72% Remorgage Value Deposit £31,000.00 Mortgage Value £99,000.00 Interest Rate 5% Monthly Mortgage £412.50 Cap Appreciation (5%) £7,200.00 Instant Equity £14,000.00 Current Rental Income £1,200.00 Market Rent Avg. £1,200.00 Mortgage £412.50 Managment Fee (Est. 10%) Factor Fees £233.00 Cashflow £554.50 Potential Cashflow £554.50 Total Funds needed £34,900.00 Gross Yield 11.08% NET Cashflow ROCE 19.07% Potential NET Cashflow ROCE 19.07% Total Return YEAR 1 £ £27,854.00 Total Return YEAR 1 % 79.81%

Posted by Philip Mackle at 2024-09-06 23:49:00 UTC