![]() Mortgage rate (%) The interest rate for the mortgage loan you're expecting to get. Legal fees This field is for your conveyancing and other legal fees involved in the purchase transaction. Enter a large number here if you'd like the run the profit calculations with no mortgage at all. The calculator will check this is above the minimum (you'll see a red highlight if it's not) and beyond that it will reduce the mortgage used. Alternatively you can enter the amount of cash you'd like to put into the project. Cash available You can leave this blank and the buy-to-let calculator will tell you the minimum amount of cash you need to make the purchase work with the mortgage criteria (in the other fields). You might also find the free property tools browser extension useful as it includes local rents data. You can research possible rents by talking to local agents, performing rental searches on Rightmove or Zoopla (remember to also search for "let agreed" properties to help guage demand). Forecast monthly rent Beware to enter the monthly rent here, the calculator will multiply it up for answers that require an annual figure. It could range from the cost of a professional snagger on a new build, through fitting a new kitchen or applying some paint, to major building works that involve moving walls and changing layouts. Initial repair cost This should be the amount you're budgeting for any repairs, refurbishment or up-front work you're expecting to do. ![]() ![]() If further along the process, this would be the amount of your accepted offer for the property. Input fields Expected price Enter the full price that you expect to be paying for the property. Read this section if you have any questions about what the information above actually means or if you'd like to fully understand the calculations that are being performed and would like to be able to use them elsewhere. This section provides details on all of the information collected, presented and calculated in the buy to let profit calculator on this page. It does not store any personal data.Methodology for this buy-to-let profit calculator Methodology The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Use at your own risk and verify all results with an appropriate financial professional. However no guarantee is made to accuracy and the publisher specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Total Profit (Cash Flow + Selling Profit)ĭisclaimer: This calculator is believed to be accurate.
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