Estimate of £55k for flat/maisonettes in Grimsby. 396 transactions in the last 12 months; median £81k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £54,214 | £12,964 | -£168 | -£954 | -2.7% |
| Year 2 | £53,438 | £12,188 | -£336 | -£1,898 | -5.4% |
| Year 3 | £52,674 | £11,424 | -£504 | -£2,830 | -8.0% |
| Year 4 | £51,921 | £10,671 | -£672 | -£3,751 | -10.6% |
| Year 5 | £51,178 | £9,928 | -£840 | -£4,662 | -13.2% |
Assumes -1.43% 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 (£35,350).
No forecast available.