3 Bedroom Semi-Detached with £300 Monthly Cashflow

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  • 8/3/2019 3 Bedroom Semi-Detached with 300 Monthly Cashflow

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    308 Cashflow - 18,750 Equity 25% Discount

    3 Bedroom Semi DetachedPackaged Property Deals, Leaving you time for more important things.

    187,104 Gross Profit

    Dumbarton

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    Accommodation: Ashton View, Dumbarton, G82 5DPHall, Lounge, Kitchen, 3 Bedroom, Bathroom, Good Condition

    Structure of deal:

    Investor price 56,250

    Current rent 495 per monthMonthly payments 187

    Investment required 2,995+vatLegals includedRental profit 308 per month

    Valuation price 75,000

    Financial Details

    Executive Summary

    Purchase % Discount Initial Value - 2011 Montly Mortgage Monthly Rent PROFIT in 2023 Inc Rent

    56,250 25% 75,000 187 495 112,664 187,104

    2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

    % Increase 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7%

    Future Value - Predicted

    75,000 80,250 85,868 91,878 98,310 105,191 112,555 120,434 128,864 137,884 147,536 157,864 168,914

    Rental CashFlow - Annual

    3,696 3,955 4,232 4,528 4,845 5,184 5,547 5,935 6,350 6,795 7,271 7,780 8,324

    Rental CashFlow Cumulative

    3,696 7,651 11,882 16,410 21,255 26,439 31,985 37,920 44,271 51,066 58,336 66,116 74,440

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    Accommodationa 3 bed roomed 1950's semi detached property in the Dumbarton area.

    Property exterior - bricks and mortar with roughcast finish.

    Gardens - large garden area surrounding the property with shed and large

    play area.

    Windows and doors - upvc double glazing.

    Hallway - laminate flooring with red painted walls and staircase to therest of the rooms in the property.

    Living room - oak style laminate flooring with one featured patterned

    wallpaper with large bay window overlooking the front of the property.

    Kitchen - basic style kitchen with brick lino flooring and red tiles,

    surroundings painted in yellow with a wooden (painted in beige) kitchen

    units.

    Bedroom 1 - laminate flooring with painted walls and storage area to the

    rear with gas boiler inside, with painted walls and upve window

    overlooking the front of the property.

    Bedroom 2 - solid wooden floors with patterned wallpaper and upvc window

    overlooking rear of the property, with a storage area to the rear of the

    room.

    Bedroom 3 - laminate flooring with patterned papered walls in purple and

    storage area to the rear of the room.

    Bathroom - laminate floored with fitted grey bathroom suite and grey

    tiled surround with fitted power shower.

    Fully gas central heated and upvc double glazed.

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    Sales Comparable

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    Rental Comparable

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    Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be single parents andpensioners living in council terraces. These are known as type 51 in the ACORN classificationand 1.83% of the UK's population live in this type.

    Many towns and cities will have some neighbourhoods fitting this profile, but concentrationsare found in Newcastle, Sunderland, Belfast, Liverpool and Greater Manchester.

    These are areas with high numbers of single pensioners living alongside many single parents.The age breakdown of the population is unusual because, overall, there are both highnumbers of people over 60 and children under 16. People live in council or housingassociation properties. These tend to be small terraced houses and flats, typically found inurban estates. Unemployment levels are high, and typical occupations include manufacturingand other more routine jobs. With high numbers of single pensioners and single parents,overall income levels are low.

    This type has the lowest level of qualifications of all ACORN types, which means there is littlechance of these areas becoming more prosperous. With such low incomes, it is unsurprisingthat the majority of these people do not have a car and public transport is essential to them.

    With any spare money they are most likely to have a drink in the pub, go to bingo or place anoccasional bet at the bookies. If they do manage a holiday, they often choose a caravan breakn the UK. When they buy a paper, their particular favourites are The Sun and News of theWorld.

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    Property Training Wealth Creation

    3 Bedroom Semi DetachedPackaged Property Deals, Leaving you time for more important things.

    308 Cashflow - 18,750 Equity 25% Discount

    Profit Warning - 187,104 (gross)