Case Study
Under €300,000
Case Study Under €300,000
INVESTMENT OPPORTUNITY
Indicative pre-tax yield
Address: Sample areas- Dublin 8, 12 and 24
Projected Rent: €22,800 p.a.
Property: Two bed apartment.
Asking Price: € 295,000
| Projected Rent p.a. | €22,800 |
|---|---|
| Costs: | |
| Apartment Management Company fees
(Insurance, common areas, lift, car park etc) |
€1,800 |
| Letting management fee *
(see details below of the services included in this fee) |
€2,804 |
| Repairs and renewals (estimated) | €2,000 |
| Total costs | (€6,604) |
| Net pre-tax income | €16,196 |
| 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- Swords, Finglas, Donabate and Portmarnock
Projected Rent: €24,000 p.a.
Property: Two bed, two bath apartment.
Asking Price: € 275,000
| Projected Rent p.a. | €24,000 |
|---|---|
| Costs: | |
| Apartment Management Company fees
(Insurance, common areas, lift, car park etc) |
€1,750 |
| Letting management fee *
(see details below of the services included in this fee) |
€2,952 |
| Repairs and renewals (estimated) | €2,000 |
| Total costs | (€6,702) |
| Net pre-tax income | €17,298 |
| Indicative pre-tax yield | 6.2% 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.