Post by kaya on Apr 8, 2017 15:51:42 GMT
This one has completely thrown me. Apart from the funds being 46% raised through a PM mortgage, it is an average, dowdy mid-terrace untenanted property requiring renovation works, same as many another (to me), and yet it has an amazing present share value of £18.12, with a 59.25% projected capital return.
The 'projected growth rate' is listed as '' 1% ''.
Now we have a share raise of £28930, a mortgage raise of £30000, and renovation works of £8000 estimated, and we have a post-work valuation of £65000.
Go figure?
Edit: Blog post goes some way to explaining this:
link
The 'projected growth rate' is listed as '' 1% ''.
Now we have a share raise of £28930, a mortgage raise of £30000, and renovation works of £8000 estimated, and we have a post-work valuation of £65000.
Go figure?
Edit: Blog post goes some way to explaining this:
link