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  • HMO Formula Sheet

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    Stephan
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    This document contains a formula sheet for calculating key property investment figures such as market value, purchase price, monthly rent, mortgage amount, deposit amount, fees, renovation and furniture costs, monthly expenditures including mortgage payments, management fees, maintenance costs and bills. It also includes calculations for monthly and annual cashflow as well as return on investment percentage.

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    This document contains a formula sheet for calculating key property investment figures such as market value, purchase price, monthly rent, mortgage amount, deposit amount, fees, renovation and furniture costs, monthly expenditures including mortgage payments, management fees, maintenance costs and bills. It also includes calculations for monthly and annual cashflow as well as return on investment percentage.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    139 views1 page

    HMO Formula Sheet

    Uploaded by

    Stephan
    This document contains a formula sheet for calculating key property investment figures such as market value, purchase price, monthly rent, mortgage amount, deposit amount, fees, renovation and furniture costs, monthly expenditures including mortgage payments, management fees, maintenance costs and bills. It also includes calculations for monthly and annual cashflow as well as return on investment percentage.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    HMO Formula Sheet

    Property Figures:

    What’s the true market value? ……………………….

    Agreed purchase price? ……………………….

    Achievable monthly rent? ……………………….

    Outstanding mortgage? (75% of purchase price) ……………………….

    Money In:

    Deposit? (25% of the purchase price) ……………………….

    Tax and Legal Fees? (4% of the purchase price) ……………………….

    Renovation? (Minimum £2,000 for fire safety) ……………………….

    Furniture? (est. £5,000 for high end) ……………………….

    Total Money In? ……………………….

    Monthly Expenditures:

    Mortgage Payments?
    (0.03 x outstanding mortgage ÷ 12) ……………………….

    Management (12% of rent) ……………………….

    Maintenance /Voids (10% of rent) ……………………….

    Bills and Running Costs (Minimum £300) ……………………….

    Total monthly expenditures? ……………………….

    Return On Investment:

    Monthly Cashflow (rent - expenditures) ……………………….

    Annual Cashflow (monthly cashflow x12) ……………………….

    ROI (Annual Cashflow ÷ Total Money In x 100) …………………….%

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