Hartlepool
- 3 Bed Mid Terrace
- Purchase Price £80,000
- Light Refurb £7,000
- Buy Renovate and Refinance
- Tenant In Situ
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2 Bedroom Mid Terrace
Purchase Price: £42,000
Refurb: £0
Rent Per Month: £400
Management @ 10% £40
Return on Investment: 26%
Fully Refurbished Property with Loft Room
Market Value £60,000
Mortgage Deposit needed: £10,500
Mortgage Interest @ 5% £131.25
Rental Profit of: £228.75
Instant Equity: £18,000