Rent-to-SA Deal - 4 Bed House in Woolwich
House
Overview
This is a fantastic rent-to-SA deal with a very high ROI and a moderate initial investment.
The property is located in a historic and cultural area with a lot of potential for short-term rentals.
The property is part furnished, which means you only need to add some finishing touches to make it more appealing to your guests.
The agent is keen to work with you on a rent-to-SA basis and the finders fee is reasonable.
Property Details | Value |
Location | Woolwich |
Type | 4 Bedroom, 1 Bathroom |
Furnishing | Part Furnished |
Rent | £3,000 (per month) |
Nightly Rate | £275 |
Initial Investment | Â |
Deposit | £3,000 |
Furnishings | £3,000 |
Finders Fee | £3,000 |
Rent in Advance | £3,000 |
Total | £12,000 |
Monthly Cash Flow | Â |
Occupancy Rate | 71% |
Gross Income | £5,865 (275 x 0.71 x 30) |
Expenses | £4,190 (3,000 + 1,190) |
Rent | £3,000 |
Management Fee | 15% of gross income |
Net Profit | £1,675 |
ROI | 168% (20,100 / 12,000 x 100) |