Rent-to-SA Deal - 3 Bed House in Grays
House
Overview
This is a good rent-to-SA deal with a high ROI and a reasonable initial investment.
The property is located in a quiet and safe area with easy access to London and other attractions.
The property is unfurnished, which gives you the opportunity to decorate it according to your taste and target market.
The agent is willing to accept a rent-to-SA contract and the finders fee is reasonable.
Property Details | Value |
Location | Grays |
Type | 3 Bedroom, 1 Bathroom |
Furnishing | Unfurnished |
Rent | 1,850 per month |
Nightly Rate | £160 |
Initial Investment |
|
Deposit | £1,850 |
Furnishings | £5,000 |
Finders Fee | £2,500 |
Rent in Advance | £1,850 |
Total | £11,200 |
Monthly Cash Flow |
|
Occupancy Rate | 79% |
Gross Income | £3,768 (160 x 0.79 x 30) |
Expenses | £2,950 (1,850 + 1,100) |
Rent | £1,850 |
Management Fee | 15% of gross income |
Net Profit | £818 |
ROI | 88% (9,816 / 11,200 x 100) |