Rent-to- SL Deal - 3 Bed House in Birmingham (B36)
House
Overview
This is a decent rent-to-SL deal with a moderate ROI and a low initial investment.
The property is located in a residential area with some local amenities and transport links.
The property is unfurnished, which means you need to invest more in furnishing it to a high standard.
The agent is offering a supported living only contract, which means you need to comply with certain regulations and standards.
Property Details | Value |
Location | Birmingham, B36 |
Type | 3 Bedroom |
Furnishing | Unfurnished |
Rent | £1,595 per month |
Nightly Rate | £150 |
Initial Investment | Â |
Deposit | £1,595 |
Furnishings | £4,000 |
Finders Fee | £3,000 |
Rent in Advance | £1,595 |
Total | £10,190 |
Monthly Cash Flow | Â |
Occupancy Rate | 65% |
Gross Income | £2,925 (150 x 0.65 x 30) |
Expenses | £2,495 (1,595 + 900) |
Rent | £1,595 |
Management Fee | 15% of gross income (£439) |
Net Profit | £430 |
ROI | 51% (5,160 / 10,190 x 100) |