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.