PRAESIDIO
PROPERTY
Properties
8 Bed HMO, N. East
Purchase Price: £125,000
Refurb & Costs: £40,000
Total Purchase: £165,000
Current Valuation: £200,000
Refinance at 75%: £150,000
£15,000 Left in!
Rental Income: £2771
Mortgage: £624
Management: £277
Running Costs: £499
Cash Flow: £1371
Yield: 17%
ROI: 221%
6 Bed HMO, N. East
Purchase Price: £70,000
Refurb & Costs: £24,000
Total Purchase: £94,000
Rental Income: £1948
Mortgage: £170
Management: £195
Running Costs: £350
Cash Flow: £1233
Yield: 25%
Current Valuation: £140,000
Refinance at 75%: £105,000
Money Out £11,000!!!
ROI after refinance: Infinite%
3 bed terrace, N. East
Purchase Price: £44,000
Refurb & Costs: £1,500
Total Purchase: £45,500
Re-valued: £60,000
Refinance at 75%: £45,000
£500 Left in!
Rental Income: £475
Mortgage: £154
Cash Flow: £321
ROI after refinance: 1140%
3 bed terrace, N. East
Purchase Price: £44,000
Refurb & Costs: £1,500
Total Purchase: £45,500
Rental Income: £475
Mortgage: £137
Cash Flow: £338
Re-valued: £60,000
Refinance at 75%: £45,000
£500 Left in!
Yield: 12.5%
ROI: 114%