4 Bed HMO, Gravesend, DA12 1JG, £300,000
28 Wellington Street, Gravesend, Kent, DA12 1JG - 27 views - 7 months ago
HMO
Refurb/BRRR
~97 m²
+1 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £75,000 |
Stamp Duty & Legal Fees | £12,700 |
Refurb Costs | £48,048 |
Bridging Loan Interest | £7,875 |
Total Cash In | £145,373 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £320,513 |
Mortgage (After Refinance) | £240,385 |
Mortgage LTV | 75% |
Cash Released | £15,385 |
Cash Left In | £129,988 |
Equity | £80,128 |
Room Rate | £433 |
Gross Rent | £1,732 |
Running Costs/mo | £1,843 |
Cashflow/mo | £-111 |
Cashflow/yr | £-1,330 |
Gross Yield | 7% |
Property History
Listed for £300,000
June 6, 2024
Sold for £106,500
2002
Sold for £42,000
1996
Floor Plans
Description
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