£25,000. Buy a car or Btl
Discussion
In a dilemma. Would like to buy a nice car. Do I spend £25,000 on one or do I put it down on a BTL.
Lots of properties around for £75,000. Rental income say £450.00 month. Repayments I expect are less than £200.00.
Leaves minimum £250.00 surplus. £50.00 month for tax man. £200.00 to finance a car.
How does that sound ????
Mark.
Lots of properties around for £75,000. Rental income say £450.00 month. Repayments I expect are less than £200.00.
Leaves minimum £250.00 surplus. £50.00 month for tax man. £200.00 to finance a car.
How does that sound ????
Mark.
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