Recent sale
MACINTOSH MILLS, 4 CAMBRIDGE STREET
£248k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £216k 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 | £214,229 | £52,229 | +£4,908 | +£3,137 | 3.2% |
| Year 2 | £212,472 | £50,472 | +£9,816 | +£6,288 | 6.5% |
| Year 3 | £210,730 | £48,730 | +£14,724 | +£9,454 | 9.8% |
| Year 4 | £209,002 | £47,002 | +£19,632 | +£12,634 | 13.1% |
| Year 5 | £207,288 | £45,288 | +£24,540 | +£15,828 | 16.4% |
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 (£96,740).
No forecast available.