Mark Campey

Registered with Property118.com
Saturday 21st April 2018

Location
Beverley

Trading Status
Company

Providing essential rental accommodation since
1994

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 4

Mark Campey

13:34 PM, 29th August 2018
About 3 months ago

Shelter shocked at result of 10%, no make that 4.7% or maybe zero

Reply to the comment left by Luk Udav at 29/08/2018 - 10:57
I can confirm car rental companies do operate in this way I own a self drive company and all my staff are instructed to turn down anyone that they don’t like the look of. Furthermore this is endorsed by the industry’s associations following resent terror attracts using hire vehicles.
If housing benefits were paid direct to land lords like in the old days landlords would maybe think differently.... Read More

Mark Campey

10:41 AM, 13th May 2018
About 6 months ago

Return on Investment or Capital Employed Formula?

I totally agree with what you are saying. Their is no predetermined return when investing in this way you (well I do) have to take a blended view. I calculate my returns over a rolling 3yr term using actual costs and receipts. We recalculate the capital gains every 5yrs. However this dilutes the return for example; I bought a property for £29500 in 1997 It stands me to £42k now the value is today circa £150k giving a £108k gain subject to CGT should I sell it.
The return is calculated on the basis that at 75% LTV this is giving a return (on this property) of 12.4% using the most recent valuation. Thus reserving the capital return.
As I said this calculation is worked on the last 3yrs costs and income. I treat the capital as a completely separate calculation.
All of the comments on this subject further endorses their isn’t a clear cut formula. You could argue that I should work on my base cost but I see this as distortion as the market value is now much more hence the need to re balance +/- the capital value at set periods of time property is long term investment.... Read More

Mark Campey

10:38 AM, 13th May 2018
About 6 months ago

Return on Investment or Capital Employed Formula?

Reply to the comment left by AA at 13/05/2018 - 10:20
I totally agree with what you are saying. Their is no predetermined return when investing in this way you (well I do) have to take a blended view. I calculate my returns over a rolling 3yr term using actual costs and receipts. We recalculate the capital gains every 5yrs. However this dilutes the return for example; I bought a property for £29500 in 1997 It stands me to £42k now the value is now £150k giving a £108k gain subject to CGT.
The return is calculated on the basis that at 75% LTV this is giving a return (on this property) of 12.4% using the most recent valuation. Thus reserving the capital return.
As I said this calculation is worked on the last 3yrs costs and income. I treat the capital as a completely separate calculation.
All of the comments on this subject further endorses their isn’t a clear cut formula. You could argue that I should work on my base cost but I see this as distortion as the market value is now much more hence the need to re balance +/- the capital value at set periods of time property is long term investment.... Read More

Mark Campey

15:49 PM, 9th May 2018
About 6 months ago

Return on Investment or Capital Employed Formula?

I work on a capital employed formula.
If you buy a property for £100k and find it at 75% thus putting £25k in as a deposit the rent is £6k pa cost of funds at 4% is £3k cost (insurance repairs etc) £1k leaving £2k this gives you a return of 8% which is liquid.
I’ve had many people over the years Challenge my theory however I’m seing an over all return on my cash of 13.8% geared to 75% which is in my opinion the optimum.
This doesn’t take any +/- in capital valuation into account it’s purely the return on your cash just as you would look at an ISA or other deposit investment.
Hope this helps.
Mark... Read More