| Leaseback investment calculations | |
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For a Leaseback breakeven calculation you need to match your guaranteed rental income over the term of the lease with the cost of mortgage and annual taxes. 1. Enter price of house including all other acquisition costs = 'Price x 1.10 (aprox)' 2. Set lenght of the mortage as per your preferred investment term 3. Set the current annual percentage mortage rate for your chosen min period 4. Manually calculate the monthly rental return*. 5. Now increase the 'own contribution' percentage until the Monthly Payment = average yield / 12 * Multiply the first year's rental by 1.08* and divide by 12(months) 8% is the aprox. 10yr avg of the building cost index when increased by avg. 2% per year. This calculator factors Private Mortgage Insurance for loans where less than 20% is put as a down payment. Immoulin has used a conservative approach when providing this mortgage calculator tool. Immoulin shall not be held responsible for any errors as a result of the use of this calculator. |
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