Estimate of £101k for detached houses in Meriden. 296 transactions in the last 12 months; median £297k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £99,071 | £23,321 | -£1,176 | -£3,105 | -5.9% |
| Year 2 | £97,179 | £21,429 | -£2,352 | -£6,173 | -11.8% |
| Year 3 | £95,323 | £19,573 | -£3,528 | -£9,205 | -17.6% |
| Year 4 | £93,502 | £17,752 | -£4,704 | -£12,202 | -23.3% |
| Year 5 | £91,716 | £15,966 | -£5,880 | -£15,164 | -29.0% |
Assumes -1.91% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£52,370).
No forecast available.