BTL in Sunderland, High ROCE

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 property is projected to achieve a high occupancy rate due to high demand in the local area.
This deal is suitable for first time investors.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.

Financial Information
Current value: £50,000
Purchase price: £50,000
Purchase costs: £4,850
Refurb/works cost: £8,000
Sourcing fee: £3,000
GDV: £60,000
Monthly rent: £600
ROI: 7200%
Investment required: £22,775