CASE STUDY THREE

2 bedroom flat, Dundee

Date of Purchase:

Oct 2021

Purchase Price:

£87,000

Deposit:

£21,750

Fees, Outlays and Renovation Costs:

£34774

Total Initial Investment:

£56,524

New Valuation:

£115,000

Equity in Property (25%):

£28,750

Initial Investment Back:

£21,000

Money Left in Deal:

£35,524

Initial Investment Back (%):

37%

Gross Monthly Income:

£725.00

Net Monthly Income at Current Interest Rate (3.5%):

£401.56

Gross Yield:

8%

Net Yield:

4%

ROI:

14%