4 Bed HMO, Stoke-on-Trent, ST4 1EG, £90,000
4 Butler Street, Stoke-On-Trent, ST4 1EG - 23 views - 5 months ago
Sold STC
Auction
HMO
Refurb/BRRR
ROI: 7%
133 m²





+9 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £22,500 |
Stamp Duty & Legal Fees | £3,900 |
Refurb Costs | £54,451 |
Bridging Loan Interest | £2,363 |
Total Cash In | £84,964 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £159,960 |
Mortgage (After Refinance) | £119,970 |
Mortgage LTV | 75% |
Cash Released | £52,470 |
Cash Left In | £32,494 |
Equity | £39,990 |
Room Rate | £451 |
Gross Rent | £1,804 |
Running Costs/mo | £1,307 |
Cashflow/mo | £497 |
Cashflow/yr | £5,967 |
ROI | 7% |
Gross Yield | 24% |