Recent sale
LAUREN HOUSE, 6 BEECHPARK AVENUE
£220k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £891k for detached houses in Manchester. 275 transactions in the last 12 months; median £245k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £943,480 | £275,230 | +£1,152 | +£53,632 | 14.1% |
| Year 2 | £999,051 | £330,801 | +£2,304 | +£110,355 | 29.1% |
| Year 3 | £1,057,895 | £389,645 | +£3,456 | +£170,351 | 44.9% |
| Year 4 | £1,120,205 | £451,955 | +£4,608 | +£233,813 | 61.7% |
| Year 5 | £1,186,185 | £517,935 | +£5,760 | +£300,945 | 79.4% |
Assumes 5.89% 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 (£379,220).
No forecast available.