Comparison of Sale Agreed to Open Market Value

		Open Market		Sale Agreed
Average Time to Complete		7 Months		14 Days
Legal Fees	*	€2,420		€2,420
Agents Fees (2% + VAT)	**	€4,840		€0
Mortgage Payments	***	€8,285		€0
LPT & Insurance	****	€274		€0
Staging property for sale		€5,000		€0
Final Cost (Assuming Vacant)		€20,819		€2,420
Loss of Rent	*****	€14,308		€0
Final Cost (Assuming Tenanted)		€35,127		€2,420

* Assumed legal cost of €2,000 plus VAT.

** Assumed market value of €200,000.

*** Assumed 80% LTV Mortgage at 4% interest rate over 15 years for period of sales process.

**** Assumed Insurance & LPT cost.

***** Assumed rent of €2,044 per month for period of sales process – average rent in Dublin.