Rent-to-SA Deal - One Bed House in London
House
Overview
The property is located in a vibrant and trendy area with a lot of demand for short-term rentals.
The property is unfurnished, which allows you to customize it according to your preferences and the needs of your guests.
The agent is happy to agree to a rent-to-SA arrangement and the finders fee is fair.
Property Details | Value |
Location | London |
Type | 1 Bedroom |
Furnishing | Part Furnished |
Rent | £1,600 (per month) |
Nightly Rate | £180 |
Initial Investment | Â |
Deposit | £1,600 |
Furnishings | £10,000 (Estimated Cost) |
Finders Fee | £3,000 |
Rent in Advance | £1,600 |
Total | £16,200 |
Monthly Cash Flow | Â |
Occupancy Rate | 70% |
Gross Income | £2,352 (1600 x 0.7 x 30) |
Expenses | £1720 (1600 + 120) |
Rent | £1,600 |
Bills | £120 |
Management Fee | 15% of gross income |
Net Profit | £632 |
ROI | 41.58% (3,900 / 9,400 x 100) |