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Potential 4-Bed HMO, Stockton-on-Tees, TS19 0DG, £120,000
82 Durham Road, Stockton-on-tees, Stockton-on-tees, TS19 0DG - 5 views - 6 months ago
HMO
Cash
ROI: 6%
150 m²
+3 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £4,800 |
Refurb Costs | £59,310 |
Bridging Loan Interest | £3,150 |
Total Cash In | £99,010 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £152,647 |
Mortgage (After Refinance) | £114,485 |
Mortgage LTV | 75% |
Cash Released | £24,485 |
Cash Left In | £74,525 |
Equity | £38,162 |
Room Rate | £451 |
Gross Rent | £1,804 |
Running Costs/mo | £1,282 |
Cashflow/mo | £522 |
Cashflow/yr | £6,264 |
ROI | 6% |
Gross Yield | 18% |
Property History
Listed for £120,000
July 30, 2024
Sold for £79,950
2004
Sold for £31,000
1998
Description
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