48, CV3 5FX (Coventry) — Deal Screener

Scenario

Scenario label

Purchase price £

Deposit %

Stamp duty (SDLT) £

Additional property (5% surcharge)

Legal fees £

Renovation £

Holding costs while renovating £

Mortgage rate %

Product term years, informational

Lender application fee £

Lender product fee £

Valuation fee £

Mortgage advisor fee £

Rent £/month

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

4.7%

ROI on cash invested

Cash needed£73,460

Monthly cash flow£286

Annual profit£3,436

Gross yield6.82%

Net yield1.56%

Mortgage amount£165,000

Mortgage /mo£714

One-off lender fees£1,014

Min. rent lender wants£892/mo

Clears the lender's rent-cover test