Recent sale
6 MAGAZINE ROAD
£450k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £481k for semi-detached houses in Shoebury. 268 transactions in the last 12 months; median £340k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £487,542 | £126,792 | +£948 | +£7,490 | 3.6% |
| Year 2 | £494,172 | £133,422 | +£1,896 | +£15,068 | 7.3% |
| Year 3 | £500,893 | £140,143 | +£2,844 | +£22,737 | 11.0% |
| Year 4 | £507,705 | £146,955 | +£3,792 | +£30,497 | 14.7% |
| Year 5 | £514,610 | £153,860 | +£4,740 | +£38,350 | 18.5% |
Assumes 1.36% 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 (£207,020).
No forecast available.