Purchasing Figures

  • Purchase price: £105,000
  • Auction fee: £1,200
  • Refurbishment price: £45,000
  • Stamp duty: £3,150
  • Solicitor and survey: £1,500
  • Our fee: £3,995 + VAT
  • Mortgage broker fee on Refinance: £495.00
  • Rental income PCM:                                                            £800.00
  • Management fee 10%: £96.00 Inc VAT
  • Building insurance: £240.00
  • Re finance/gear up valuation @ 80% LTV: £160,000/£200,000
  • Mortgage interest rate @ 3.5% £466.66 Per month
  • Positive cashflow after refinance: £2,632.00 Per Annum
  • Leave cash in deal at 80% LTV £0
  • Return on cash investment: Infinite