Estimate of £84k for detached propertys 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 | £82,396 | £19,396 | -£948 | -£2,552 | -5.5% |
| Year 2 | £80,822 | £17,822 | -£1,896 | -£5,074 | -11.0% |
| Year 3 | £79,278 | £16,278 | -£2,844 | -£7,566 | -16.4% |
| Year 4 | £77,764 | £14,764 | -£3,792 | -£10,028 | -21.8% |
| Year 5 | £76,279 | £13,279 | -£4,740 | -£12,461 | -27.0% |
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 (£46,080).
No forecast available.