This looks like a bad deal until she does a refinance and pulls out her initial deposit money. An income producing assets for life. A business woman 👩🏾‍💼🏡🫡💰

Yes, there are better investments but having a foundation is key. You could own a couple of properties where the bulk of your wealth is tied up and then invest 20% into stocks & 10% into crypto. OR, you could have majority in the stock market, own your home & 10% in crypto.

All this depends on your tolerance to risk. Building a well-rounded portfolio is the most important thing. You never want your portfolio to be highly illiquid or extremely high risk e.g. all money in crypto etc. Keep building brick by brick . Compounding rules the world 🌍

A £122k property with £35k deposit & zero interest to pay, the mortgage will be almost £300 per month (that’s assuming she’s taken a 25yr term) & that’s also assuming she’s taken interest only mortgage because if it’s repayments, no way will it be £800 per month. As for profit?🤷🏽‍♂️

No mention of at least 20% tax on rental income. Assuming she has more than one property, stamp duty will be higher too in additional rate bands. Not to mention repairs or gap in tenancy. 🤣

No mention of taxes? Reasonably assuming she’s a higher rate tax payer she probably end up seeing £4,000 that No mention of future maintenance fees? Property isn’t as good as these TikTok’s make out IMO

Love seeing people making moves! Adding in an estimated lifetime maintenance cost would make the final figure more realistic.

£300 mortgage?! 🧢

Mortgage is only £91k, on an interest only mortgage the £300 checks out.

No tax and no repairs would make a lot of investments good value lol