Recent sale
MONTGOMERY HOUSE DEMESNE ROAD
£12k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £22k for purpose built flats in Manchester. 270 transactions in the last 12 months; median £293k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £23,415 | £6,915 | -£816 | +£599 | 2.6% |
| Year 2 | £24,920 | £8,420 | -£1,632 | +£1,288 | 5.6% |
| Year 3 | £26,523 | £10,023 | -£2,448 | +£2,075 | 9.0% |
| Year 4 | £28,228 | £11,728 | -£3,264 | +£2,964 | 12.8% |
| Year 5 | £30,043 | £13,543 | -£4,080 | +£3,963 | 17.1% |
Assumes 6.43% 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 (£23,140).
No forecast available.