Recent sale
9 OWEN STREET
£245k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £520k for flat/maisonettes in Manchester. 227 transactions in the last 12 months; median £205k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £486,096 | £96,096 | +£15,360 | -£18,544 | -8.3% |
| Year 2 | £454,403 | £64,403 | +£30,720 | -£34,877 | -15.6% |
| Year 3 | £424,775 | £34,775 | +£46,080 | -£49,145 | -22.0% |
| Year 4 | £397,080 | £7,080 | +£61,440 | -£61,480 | -27.5% |
| Year 5 | £371,191 | £-18,809 | +£76,800 | -£72,009 | -32.2% |
Assumes -6.52% 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 (£223,400).
No forecast available.