Page 3 - Gary Corbett
P. 3
EXAMPLE PROPERTY INVESTMENT NUMBERS
ILLUSTRATION ONLY
Purchase Price
Refurb cost
Stamp duty, legals etc Total expenditure Expenditure made up from
Valuation post refurb Mortgage @ 75% LTV
£60,000
£15,000
£5,000
£80,000
£50,000 investor funds & £30,000 our funds
£95,000 £71,250
From the mortgage advance of £71,250:
£50,000 is investor funds
£1,500 is investor interest (6 months at 6% PA on £50,000 investment)
£19,750 remaining to GC Property. We leave £10,250 of our money in this property from our initial £30,000
