Recent sale
MACINTOSH MILLS, 4 CAMBRIDGE STREET
£248k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £253k for flat/maisonettes in Manchester. 147 transactions in the last 12 months; median £230k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £250,925 | £61,175 | +£5,940 | +£3,865 | 3.5% |
| Year 2 | £248,868 | £59,118 | +£11,880 | +£7,748 | 7.0% |
| Year 3 | £246,827 | £57,077 | +£17,820 | +£11,647 | 10.5% |
| Year 4 | £244,803 | £55,053 | +£23,760 | +£15,563 | 14.0% |
| Year 5 | £242,796 | £53,046 | +£29,700 | +£19,496 | 17.5% |
Assumes -0.82% 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 (£111,260).
No forecast available.