Richlist Posted January 31, 2014 Report Share Posted January 31, 2014 I've just sold one of my rental properties which I bought 10 years ago. I put a 16% deposit on the property & raised a BTL mortgage. For most of the 10 years I've been paying 0.59% over bank base, interest only mortgage. If I add : * The difference between todays sale price & the purchase price 10 years ago .... together with * The nominal rental income after expenses & tax for each of the 10 years The results shows a total return on investment of 32% every year for 10 years. I don't know wether thats good, bad or average. I'm certainly very happy with that level of return and as this property was one of my poorer performers, I guess my others should show a higher return when they are eventually sold. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.