6 Bed HMO, Birmingham, B29 6DA, £575,000
661E279a Tiverton Road, Birmingham, B29 6DA - 2 views - a month ago
HMO
Refurb/BRRR
67 m²





+16 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £143,750 |
Stamp Duty & Legal Fees | £46,200 |
Refurb Costs | £26,490 |
Bridging Loan Interest | £15,094 |
Total Cash In | £233,283 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £537,500 |
Mortgage (After Refinance) | £403,125 |
Mortgage LTV | 75% |
Cash Left In | £233,283 |
Equity | £134,375 |
Room Rate | £375 |
Gross Rent | £2,250 |
Running Costs/mo | £2,873 |
Cashflow/mo | £-623 |
Cashflow/yr | £-7,476 |
Gross Yield | 5% |
Property History
Listed for £575,000
March 19, 2025
Description
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