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SOLD – 3 Bed House, 25% Below Market Value in Walsall, Greater Birmingham –

December 18th, 2009

Front

Deal Summary


  • 3 Bedroom semi-detached house with driveway
  • 25% below market value
  • £23,750 instant equity
  • Tenant in place from day one.
  • £1200 rent upfront


The Figures


Valuation:                              £95,000

Guaranteed Discount:             25%

Purchase Price:                      £71,250

Instant Equity:                      £23,750


Monthly Cash-flow

Rent:                                       £350

Mortgage  (4.35%):              £258

Insurance:                               £ 10

Profit                                       £82

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