BTL in Liverpool, High Cashflow
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.
This deal can generate high cashflow.
Financial Information
Current value: £108,000
Purchase price: £110,000
Purchase costs: £61,200
Refurb/works cost: £22,000
Sourcing fee: £4,000
GDV: £140,000
Monthly profit (£): £606
Annual profit: £7,275
Monthly rent: £1,000
Annual rent: £12,000
ROCE (%): 20%
Yield: 9%
Money left after refinance: £38,700
Investment required: £61,200
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.