£45,400 Profit Under 6 Months With This Rental Property | Renovation Before and After
Channel: For The Landlords
Date: 2021-01-04

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The Numbers from this Video: 
-Purchase price £110,000 
-Renovation costs £18,312
-Other costs [SDLT, Legals, etc] £4600
-Total costs £129,600 

-Re-finance £175,000 [I thought £180,000 but a slight down valuation].
-Equity created £45,400 

-ROI 70%pa [£45,400 gain on £129,000 investment done in 6 months annualises to 70%]

-Rent Circa £825

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