Refurbished including kitchen, bathroom, roof repairs, decoration, carpets

Purchase price (mortgaged): £75000
Estimate spend: £9000
Fees: £5800
Total spend: £89800
Estimated end value £110,000

Money back from remortgage = £82500
Money left in deal: £7300

Monthly Rent : £595
Monthly costs (mortgage, management, insurance) £342
Monthly cash flow: £253

Return on investment: 41.5%