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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
£119,635First Year
Profit From Rental Income
£28,318
↗ 24%After 5 Years
Change In Property Value
£96,512
↗ 26%After 5 Years
Return On Investment
104%
Analysis

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Year 1Year 2Year 3Year 4Year 5Total
Total Rental Income£26,796£27,198£27,878£28,575£29,432£139,879
Total Expenses£20,725£20,838£20,974£21,114£21,267£104,919
Profit Before Tax£6,071£6,360£6,903£7,461£8,165£34,960
Profit After Tax £4,918£5,151£5,592£6,043£6,613£28,318
Change In Property Value£11,240£11,577£21,862£25,161£26,671£96,512
Net Return£16,158£16,729£27,454£31,205£33,284£124,830
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