Recent sale
61 PORCHFIELD SQUARE
£225k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £309k for purpose built flats in Manchester. 244 transactions in the last 12 months; median £209k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £301,399 | £69,649 | +£5,532 | -£2,069 | -1.5% |
| Year 2 | £293,984 | £62,234 | +£11,064 | -£3,952 | -2.9% |
| Year 3 | £286,752 | £55,002 | +£16,596 | -£5,652 | -4.2% |
| Year 4 | £279,698 | £47,948 | +£22,128 | -£7,174 | -5.3% |
| Year 5 | £272,818 | £41,068 | +£27,660 | -£8,522 | -6.3% |
Assumes -2.46% 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 (£134,780).
No forecast available.