Studio with 8% rental arrangement
Hi Everyone
If all you want is a rental income I'll give you 8% for 5 years if you buy a studio for £40,000 - normal cost would be less than £19,000 but if you really want to pay £40,000 that's good for me.
Let me work it out.
£20,000 studio - plus 8% of £40,000 x 5 = £16,000 - TOTAL £36,000
Extra profit for me - £4,000 - plus interest I can earn on the extra £20,000 paid upfront at say 6% for lets say 10 years is about £12,000
That's you satisfied and I get an extra £18,000 over 10 years - I like it
Anybody want one - I could maybe even give a 9% income !!!
Anybody missing the point !!!
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