Passive Incomes with Strong Positive Cashflow
Hope you are well...another cold month, hopefully Spring will be with us soon..!
Many people we speak to are looking for passive incomes, and strong positive cashflow - well below are 3 deals that can provide this very well! All are between 15-25% below current market values and all give a gross yield of around 9%!
With some of the new lending criteria, one of the most effective models for buying as an investor is buying well below market value, putting your 25% deposit in with a mortgage product with no tie ins, gaining a strong cashflow - and then in 6 months time having the option to refinance and take the majority of your funds out or keep on existing mortgage and enjoy a very strong cashflow - often of over 200 a month!
Let's look at one of the deals we have secured where this works very well:
3 bed repossession secured in Glasgow - expected value in 6 months time confirmed by leading surveyor in the area - 87,000.
Purchase Price now - 67500
25% Deposit 16875
Legals 800
Survey 350
Sourcing fee 2500 + VAT
Mortgage - 50,625
BM SOLUTIONS 2YR Tracker at 4.6% 194pcm (no tie in)
Can choose to re-Mortgage in 6 Months time at 87,000
75% of new valuation is 65,250
14,625 of equity can be released from the property - so only leave around 5000 of buying costs in the property and have an excellent value, high yielding deal!
Let's look at how good the Cashflow will be:
Mortgage cost is now 271 pcm
Rental Figure - 495 pm for a private tenant.
LHA rate is 595 pcm
So your Monthly Cashflow/Income if refinance in 6 months time
Rent - 495-595
Mortgage - 271
Management - 58 (10% + VAT)
Factoring & Insurance - 20
145-245 positive monthly cashflow after all costs if refinance in 6 months!
If do not refinance, and just keep more equity in the property, your cashflow can be a massive 225-325 a month - and you will have around 37,000 of equity for a total investment of around 20,000!
This is an excellent opportunity to pick up an undervalue property with high cashflow!
For the full investment pack, download here Exclusive New Deal in Glasgow
We have a very strong team in Scotland, with 10 years buying experience there ourselves, we have an excellent team of property lawyers, brokers and managing agents.
Property 2 - a 4 bed house in Sunderland at just 75,000 that will rent for 700 a month - and our in house managing agent can arrange this - giving over 300 a month positive cashflow!
To download the full investment pack, go to Exclusive New Deal
Property 3 - A gorgeous family house in the NE that needs no work on it, and can again give a huge positive cashflow...! Just 70,000 for a 3 bed semi detached property!
For photos and the full investment pack, download here Exclusive New Deal in the NE!
Remember we can manage any of the properties we source in the NE and Scotland, providing you with a very low hassle investment!
I expect these properties to be snapped up quickly, have a look at the full investment packs, and email us or call one of our Portfolio Managers on 0115 9853969 who will be happy to help with any questions you have!
Many people we speak to are looking for passive incomes, and strong positive cashflow - well below are 3 deals that can provide this very well! All are between 15-25% below current market values and all give a gross yield of around 9%!
With some of the new lending criteria, one of the most effective models for buying as an investor is buying well below market value, putting your 25% deposit in with a mortgage product with no tie ins, gaining a strong cashflow - and then in 6 months time having the option to refinance and take the majority of your funds out or keep on existing mortgage and enjoy a very strong cashflow - often of over 200 a month!
Let's look at one of the deals we have secured where this works very well:
3 bed repossession secured in Glasgow - expected value in 6 months time confirmed by leading surveyor in the area - 87,000.
Purchase Price now - 67500
25% Deposit 16875
Legals 800
Survey 350
Sourcing fee 2500 + VAT
Mortgage - 50,625
BM SOLUTIONS 2YR Tracker at 4.6% 194pcm (no tie in)
Can choose to re-Mortgage in 6 Months time at 87,000
75% of new valuation is 65,250
14,625 of equity can be released from the property - so only leave around 5000 of buying costs in the property and have an excellent value, high yielding deal!
Let's look at how good the Cashflow will be:
Mortgage cost is now 271 pcm
Rental Figure - 495 pm for a private tenant.
LHA rate is 595 pcm
So your Monthly Cashflow/Income if refinance in 6 months time
Rent - 495-595
Mortgage - 271
Management - 58 (10% + VAT)
Factoring & Insurance - 20
145-245 positive monthly cashflow after all costs if refinance in 6 months!
If do not refinance, and just keep more equity in the property, your cashflow can be a massive 225-325 a month - and you will have around 37,000 of equity for a total investment of around 20,000!
This is an excellent opportunity to pick up an undervalue property with high cashflow!
For the full investment pack, download here Exclusive New Deal in Glasgow
We have a very strong team in Scotland, with 10 years buying experience there ourselves, we have an excellent team of property lawyers, brokers and managing agents.
Property 2 - a 4 bed house in Sunderland at just 75,000 that will rent for 700 a month - and our in house managing agent can arrange this - giving over 300 a month positive cashflow!
To download the full investment pack, go to Exclusive New Deal
Property 3 - A gorgeous family house in the NE that needs no work on it, and can again give a huge positive cashflow...! Just 70,000 for a 3 bed semi detached property!
For photos and the full investment pack, download here Exclusive New Deal in the NE!
Remember we can manage any of the properties we source in the NE and Scotland, providing you with a very low hassle investment!
I expect these properties to be snapped up quickly, have a look at the full investment packs, and email us or call one of our Portfolio Managers on 0115 9853969 who will be happy to help with any questions you have!
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