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Scenario 1 (£338,000) Scenario 2 (£338,000) Scenario 3 (£338,000)

Scenario

Scenario label

Purchase & SDLT

Purchase price £

Deposit %

Stamp duty (SDLT) £

Additional property (5% surcharge)

Legal fees £

Renovation £

Holding costs while renovating £

Financing

Mortgage rate %

Product term years, informational

Lender application fee £

Lender product fee £

Valuation fee £

Mortgage advisor fee £

Income

Rent £/month

Running costs

Void periods £/yr

Maintenance £/yr

Landlord insurance £/yr

Gas safety cert £/yr

EICR / electric cert £/yr

Boiler service £/yr

Selective licensing £/yr

Council tax £/yr, void periods

Utilities £/month, void periods

Other / management fees £/yr

5.5%

ROI on cash invested

Cash needed£116,600

Monthly cash flow£535

Annual profit£6,418

Gross yield6.04%

Net yield1.90%

Mortgage amount£253,500

Mortgage /mo£1,165

One-off lender fees£3,844

Min. rent lender wants£1,439/mo

Clears the lender's rent-cover test

Property details & notes