Hartlepool
- 3 Bed Mid Terrace
- Purchase Price £80,000
- Light Refurb £7,000
- Buy Renovate and Refinance
- Tenant In Situ
Home » Properties » Sunderland
Purchase price: £105,000
Refurbishment price: £45,000
Solicitor and survey: £1,500
Mortgage broker fee on Refinance: £495.00
Management fee 10%: £96.00 Inc VAT
Re finance/gear up valuation @ 80% LTV: £160,000/£200,000
Positive cashflow after refinance: £2,632.00 Per Annum
Return on cash investment: Infinite
Auction fee: £1,200
Stamp duty: £3,150
Our fee: £3,995 + VAT
Rental income PCM: £800.00
Building insurance: £240.00
Mortgage interest rate @ 3.5% £466.66 Per month
Leave cash in deal at 80% LTV £0