Rent-to-SA Deal - 8 Studio Units in Derby City Centre
House
Overview
This is an excellent rent-to-SA deal with a high ROI and a moderate initial investment.
The property is located in a prime area with high demand and low supply for short-term rentals.
The property is unfurnished, which gives you the opportunity to customize it to your taste and target market.
The agent is willing to negotiate a rent-to-SA agreement and the finders fee is reasonable.
Property Details | Value |
Location | Derby City Centre |
Type | 8 Studio Units |
Furnishing | Unfurnished |
Rent | £4,750 |
Nightly Rate | £75 per unit |
Initial Investment | Â |
Deposit | £4,750 |
Furnishings | Furnishings: £8,000 (estimated cost of furnishing 8 units) |
Finders Fee | £5,000 |
Rent in Advance | £4,750 |
Total | £22,500 |
Monthly Cash Flow | Â |
Occupancy Rate | Varies (Per Unit) |
Gross Income | £13,500 (75 x 30 x 8) |
Expenses | £7,176 (4,750 + 2,426) |
Rent | £4,750 |
Management Fee | 18% of gross income (£2,426) |
Net Profit | £6,324 |
ROI | 337% (75,888 / 22,500 x 100) |