Recent sale
81 RIDINGFOLD LANE
£218k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £240k for semi-detached houses in Manchester. 482 transactions in the last 12 months; median £265k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £244,800 | £64,800 | +£1,656 | +£6,456 | 6.1% |
| Year 2 | £249,696 | £69,696 | +£3,312 | +£13,008 | 12.3% |
| Year 3 | £254,690 | £74,690 | +£4,968 | +£19,658 | 18.5% |
| Year 4 | £259,784 | £79,784 | +£6,624 | +£26,408 | 24.9% |
| Year 5 | £264,979 | £84,979 | +£8,280 | +£33,259 | 31.3% |
Assumes 2.00% 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 (£106,100).
No forecast available.