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 £257k 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 | £254,893 | £62,143 | +£5,748 | +£3,641 | 3.2% |
| Year 2 | £252,802 | £60,052 | +£11,496 | +£7,298 | 6.5% |
| Year 3 | £250,730 | £57,980 | +£17,244 | +£10,974 | 9.7% |
| Year 4 | £248,674 | £55,924 | +£22,992 | +£14,666 | 13.0% |
| Year 5 | £246,634 | £53,884 | +£28,740 | +£18,374 | 16.3% |
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 (£112,940).
No forecast available.