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Rent-to- SL Deal - 3 Bed House in Birmingham (DY2)

Rent-to- SL Deal - 3 Bed House in Birmingham (DY2)

House

  • The property is located in a mixed-use area with some shops and businesses.

  • The property is unfurnished.

  • The agent is offering a supported living only contract.

Location

Birmingham (DY2)

 

Type

3 bedrooms

 

Furnishing

Unfurnished

Rent

£850 per month

 

Nightly Rate

£100

Initial Investment

 

Deposit

£850

Bills

£300

Finders Fee

£2,000

Rent in Advance

£850

Monthly Cash Flow

 

Occupancy Rate

65%

Gross Income

£1,950 (100 x 0.65 x 30)

Expenses

£1,778 (850 + 928)

Rent

£850

Management Fee

15% of gross income

Net Profit

£172

ROI

31% (2,064 / 6,700 x 100)


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