Case Study
€300,000 – €600,000

Case Study €300,000 – €600,000

INVESTMENT OPPORTUNITY

Indicative pre-tax yield

Address: Sample areas- Drumcondra, Glasnevin, Artane.

Projected Rent: €33,600 p.a.

Property: Three bedroomed house

Asking Price: €475,000

Projected Rent p.a. €33,600
Costs:
Apartment Management Company fees

(Insurance, common areas, lift, car park etc)

€1,000
Letting management fee *

(see details below of the services included in this fee)

€4,133
Repairs and renewals (estimated) €2,200
Total costs (€7,333)
Net pre-tax income €26,267
Indicative pre-tax yield 5.5% p.a.

The above expenses are inclusive of VAT @23%.

The above Indicative table excludes the following:

Stamp duty, legal fees and any initial fit out costs /repairs

Start to Finish property acquisition fees

Property tax

On boarding fee (3%) -per letting. This fee includes:

Professional photos, Advertising on all websites, Viewings, Reference checking, Lease and special conditions, first years annual RTB registration)

*10% p.a. – Management services include 24/7 emergency phone line, In house maintenance department, property inspections with detailed report and images, rent processing, RTB annual registration, yearly rent reviews.

Address: Sample areas- Rathfarnham D16,  Churchtown, Templeogue, Knocklyon.

Projected Rent: €33,600 p.a.

Property: Three bedroomed house

Asking Price: €550,000

Projected Rent p.a. €31,200
Costs:
Apartment Management Company fees

(Insurance, common areas, lift, car park etc)

€1,000
Letting management fee *

(see details below of the services included in this fee)

€3,838
Repairs and renewals (estimated) €2,200
Total costs (€7,038)
Net pre-tax income €24,162
Indicative pre-tax yield 4.4% p.a.

The above expenses are inclusive of VAT @23%.

The above Indicative table excludes the following:

Stamp duty, legal fees and any initial fit out costs /repairs

Start to Finish property acquisition fees

Property tax

On boarding fee (3%) -per letting. This fee includes:

Professional photos, Advertising on all websites, Viewings, Reference checking, Lease and special conditions, first years annual RTB registration)

*10% p.a. – Management services include 24/7 emergency phone line, In house maintenance department, property inspections with detailed report and images, rent processing, RTB annual registration, yearly rent reviews.