How to Breakdown a BRRR Deal

March 5th 2024

Birmingham Investment Property Deal Breakdown

Breakdown for this AMAZING investment Opportunity in the heart of Birmingham.

Number Breakdown.

Purchase Price £103,000
Stamp Duty £3,900
Legals £2,000
Refurb £43,000

-Back to brick £4,500
-Plaster, Boards and paint £7,000
-Kitchen £7,500
-Bathroom x2 £5,000
-New Central Heating £2,000
-Mist £5,000
-Garden £12,000

Refurb Total £43,000

End Value

Estimated GDV based on nearby properties is £200,000

Monthly Rental Income.

Agents have advised this could fetch £900-1.2k a month from single let.

Serviced Accommodation Income, £140 a night at a 70% average occupancy can achieve £2,980.83 a month in revenue.

With a mortgage payment of £831pcm and accounting for all other expenses the profit expectancy is around £1,799.83 a month, assuming you achieve 70% occupancy

Tips & Tricks.

When carrying our your due diligence, make sure you do a lot of research into the area. For refurbs and GDVs, look at properties nearby that are in similar conditions to what your plan is for the refurb to achieve.

For serviced accommodation, use tools like PriceLabs and AirDNA to research the local market performance. Look around for hotels, transport links, tourist attractions, businesses, jobs, and so forth.

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