CASE STUDY SIX

2 bedroom flat, Dundee

Date of Purchase:

Dec 2022

Purchase Price:

£68,000

Deposit:

£17,000

Fees, Outlays and Renovation Costs:

£30,163

Total Initial Investment:

£47,136

New Valuation:

£85,000

Equity in Property (25%):

£21,250

Initial Investment Back:

£12,750

Money Left in Deal:

£34,386

Initial Investment Back (%):

27%

Gross Monthly Income:

£695.00

Net Monthly Income at Current Interest Rate (5.5%):

£402.81

Gross Yield:

10%

Net Yield:

6%

ROI:

14%