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Flat M50 2 beds 2 baths

Michigan Towers, 9 Michigan Avenue, Salford M50

North West, England · M50
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Initial Investment
£119,225First Year
Profit From Rental Income
£28,225
↗ 24%After 5 Years
Change In Property Value
£96,209
↗ 26%After 5 Years
Return On Investment
104%
Analysis

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Year 1Year 2Year 3Year 4Year 5Total
Total Rental Income£26,712£27,113£27,790£28,485£29,340£139,440
Total Expenses£20,661£20,774£20,910£21,049£21,202£104,595
Profit Before Tax£6,051£6,339£6,881£7,437£8,138£34,845
Profit After Tax £4,901£5,134£5,573£6,024£6,592£28,225
Change In Property Value£11,205£11,541£21,794£25,082£26,587£96,209
Net Return£16,106£16,676£27,367£31,106£33,179£124,434
Return From Rental Income (%)4%4%5%5%6%24%
Total Net Return (%)14%14%23%26%28%104%
Expense Distribution
Yearly Profit Before & After Tax
Net Return Over 5 Years
This is for information only, not legal or financial advice; estimates are subject to change