Estimate of £127k for detached houses in Devon. 268 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 | £129,007 | £33,757 | -£1,296 | +£711 | 1.1% |
| Year 2 | £131,045 | £35,795 | -£2,592 | +£1,453 | 2.3% |
| Year 3 | £133,115 | £37,865 | -£3,888 | +£2,227 | 3.6% |
| Year 4 | £135,219 | £39,969 | -£5,184 | +£3,035 | 4.9% |
| Year 5 | £137,355 | £42,105 | -£6,480 | +£3,875 | 6.2% |
Assumes 1.58% 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 (£62,030).
No forecast available.