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Ayrshire KA25 

Overs over £55k 

Home Report Market Value £75k 

Purchase Price £50k

Deposit: £12,500 25%

Refurb Costs: £6,000 

 Stamp Duty: £2,000  

 Legals: £800 

Sourcing Fee: £3000 

Total Capital Employed: £24,300

Total Deal cost = £61,800

New Valuation: £78,000 

RE Mortgage Release @ 75% LTV – £58,500

Minus Old Mortgage: £37,500

= £21,000

Capital Employed £24,300 – £21000

= £3,300 left in the deal

Rental: £525pm

Management: £60pm

Mortgage: £150pm

Insurance: £15pm

Net: £300 pm