Description

Overview

• This is a profitable rent-to-SA deal with a good ROI and a moderate initial investment.

• The property is located in a residential area with good transport links and local amenities.

• The property has a driveway and a garden and is unfurnished, which gives you the opportunity to furnish it according to your taste and budget.

• The agent is willing to accept a rent-to-SA agreement and the sourcing fee is reasonable.

Initial Investment

• Nightly Rate: £150

• Deposit: £1,350

• Furnishings: £3,000 (estimated)

• Finders Fee: £3,000

• Rent in Advance: £1,350

• Total: £8,700

Monthly Cash Flow

• Occupancy Rate: 80% (based on SA Rentals data)

• Gross Income: £3,600 (150 x 0.8 x 30)

• Expenses: £2,390 (1,350 + 400 + 640)

• Rent: £1,350 Bills: £400

• Management Fee: 15% of gross income (£640)

• Net Profit: £1,210

• ROI: 167% (14,520 / 8,700 x 100)