Description

Overview

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

• The property is located in a convenient area with shops and amenities nearby.

• The property is refurbished and has a brand new fitted kitchen and white goods, which adds value and appeal.

• The agent is offering a rent-to-SA agreement and the sourcing fee is affordable.

  
  
  
  

Initial Investment

• Nightly Rate: £120 (based on [SA Rentals] data)

• Deposit: £1,600

• Finders Fee: £3,000

• Rent in Advance: £1,600

• Total: £6,200

  
  
  
  

Monthly Cash Flow

• Occupancy Rate: 70% (based on [SA Rentals] data)

• Gross Income: £2,520 (120 x 0.7 x 30)

• Expenses: £2,120 (1,600 + 520)

• Rent: £1,600

• Management Fee: 15% of gross income (£520)

• Net Profit: £400

• ROI: 77% (4,800 / 6,200 x 100)