BTL in Cumnock, High ROCE
About this property
The proposed strategy is to acquire the property and let it to tenants for consistent rental income and longer-term capital growth. The figures should be reviewed alongside local demand, expected running costs and finance terms.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.
The agent suggests this deal has great value-uplift potential.
Financial Information
Current value: £50,000
Purchase price: £40,000
Purchase costs: £20,400
Refurb/works cost: £11,770
Sourcing fee: £4,000
GDV: £75,000
Monthly rent: £650
ROI: 7800%
Investment required: £32,170
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.