From: Ronald Raygun
Subject: Re: BLT or Pension??
Newsgroups: uk.finance
Date: Tue, 06 Mar 2007 11:54:56 GMT
Clifford Frisby wrote:
> JohnW wrote:
>>
>> My daughter DOB 1967 is contemplating a BTL costing 160K producing
>> currently 7500pa. net of expenses.
>> Rental, should they maintain a similarly conservative 5% will be produce
>> 243K pa at year 20.
>
> Show your working. There is definitely something amiss here.
Missing decimal point, perhaps? £24.3k divided by 1.05^20 is £9160
which could well be the gross equivalent of £7500 net.
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