Recent sale
LATITUDE, 155 BROMSGROVE STREET
£155k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £147k for purpose built flats in Birmingham. 67 transactions in the last 12 months; median £170k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £137,033 | £26,783 | +£1,044 | -£8,923 | -12.8% |
| Year 2 | £127,743 | £17,493 | +£2,088 | -£17,169 | -24.6% |
| Year 3 | £119,082 | £8,832 | +£3,132 | -£24,786 | -35.5% |
| Year 4 | £111,008 | £758 | +£4,176 | -£31,816 | -45.6% |
| Year 5 | £103,482 | £-6,768 | +£5,220 | -£38,298 | -54.8% |
Assumes -6.78% 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 (£69,830).
No forecast available.