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Terraced LA4 2 beds 1 bath

Garnett Street, Morecambe, Lancashire LA4

North West, England · LA4
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Initial Investment
£31,000First Year
Profit From Rental Income
£8,297
↗ 27%After 5 Years
Change In Property Value
£27,590
↗ 28%After 5 Years
Return On Investment
116%

To view year by year, rotate your phone horizontally.

Analysis
Year 1Year 2Year 3Year 4Year 5Total
Total Rental Income£6,204£6,297£6,392£6,551£6,715£32,159
Total Expenses£4,338£4,360£4,379£4,406£4,433£21,916
Profit Before Tax£1,866£1,937£2,012£2,145£2,282£10,243
Profit After Tax £1,512£1,569£1,630£1,738£1,849£8,297
Change In Property Value£3,000£5,665£6,520£6,911£5,494£27,590
Net Return£4,512£7,234£8,150£8,649£7,343£35,887
Return From Rental Income (%)5%5%5%6%6%27%
Total Net Return (%)15%23%26%28%24%116%
Expense Distribution
Yearly Profit Before & After Tax
Total Rental Income Vs. Total Expense
This is for information only, not legal or financial advice; estimates are subject to change