FLOW – Case Study – A Three Bedroom Terrace in Barnsley, South Yorkshire.

Our case studies include a full breakdown of inputs and returns.

Offer agreed in April 2021 and completed in April 2021

INPUTS

Purchase price – £75,000

Deposit – £18,750
Stamp duty – £1,950
Legal fees – £1,500
Sourcing fee – £7,500
Refurb costs – £20,000

Total amount needed – £49,700

RETURN

Rent– £600 a month

Minus letting agency fees @ 10% – £60

Minus mortgage at 4.5% – £210

Cash in the business each month – £329

£3,948 a year

8.3% return on investment

9.6% gross yield

BEFORE & AFTER

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