Mr Carter owns 2 buy to let properties, which he had bought in England with the help of our experts. He came to see Rycal Investment Group when we told him about the potential of investing in Minneapolis. Mr Carter was ideally looking for something that he could keep for 5 – 10 years and be able to sell in the future to help with his children's education. Once he had done some investigating Mr C came back to see us and purchased a property investment for £43,000.
Once the refurbishment work was complete he was given a gross rental valuation of £931 ($1500 based on an assumed 1 - 1.61 exchange rate) per month. This equated to a yield of 25.9%. The valuation on the property after works completed was approx 58% more than the clients total investment.
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