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

10.3%

ROI on cash invested

Cash needed£77,260

Monthly cash flow£666

Annual profit£7,990

Gross yield8.86%

Net yield3.80%

Mortgage amount£157,500

Mortgage /mo£729

One-off lender fees£3,844

Min. rent lender wants£894/mo

Clears the lender's rent-cover test