Station Road - Blantyre

Location: Blantyre
Property Type: 2 Bedroom Flat
Strategy: Buy-to-Let
Purchase Date: November 2019
Status: Current Investment
Purchase Price: £38,000
Current Value: £60,000
Current Loan: £47,272
Equity in Property: £12,728
Monthly Rent: £595
Annual Rent: £7,140
Estimated Annual Mortgage Interest: £2,553
Estimated Annual Cashflow: £4,587
Gross Yield: 18.8%
Cash Left in Deal: £0 (all capital recycled)
ROCE: Infinite (BRR — no capital left in deal)