HMO in Hull, High ROCE

The proposed strategy is to acquire and operate the property as a house in multiple occupation, subject to licensing, planning and local authority requirements. The aim is to create strong rental demand and diversified monthly income across several rooms.
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 property offers a high return on investment.

A great opportunity to acquire a fully tenanted HMO generating a high return on capital invested.

Financial Information
Current value: £200,000
Purchase price: £200,000
Purchase costs: £67,000
Refurb/works cost: £0
Sourcing fee: £4,000
GDV: £200,000
Monthly profit (£): £1,895
Annual profit: £22,740
Monthly rent: £2,395
Annual rent: £28,740
ROCE (%): 34%
Yield: 14%
Money left after refinance: £67,000
Investment required: £67,000