Income Potential
| Investment in Property |
£132.500 |
| Fully Fitted Furniture and Essentials Pack |
£10,000 |
| TOTAL INVESTMENT | £142.500 |
| Income Based on 52 Peak and Shoulder | |
| Weeks (weekly tariff ’09) | |
| Total Gross Income | £22,000 |
| LESS | |
| Marketing Sales and Letting Costs to Riviera Park (inc. Vat) @ 25% | £6,325 |
| Net Letting Income | £15,675 |
| LESS |
|
| Annual Maintenance and rent (inc. Vat) |
£1,600 |
| Estimated Electric-Gas-Water on a 26 week letting |
£600.00 |
| Building Insurance (annual charge) |
£200.00 |
| T.V License and fees (apportioned) per anum | £50.00 |
| TOTAL COSTS | £2,450 |
| Net Income after all costs | £13,225 |
| Initial Return on Investment | 9.28% |
| * Note: All income projections are for guidance only. |
