Description

Overview

• Direct to landlord

• New 3 year contract

• Currently has a 3 month booking from Jan - March at £4,800 pcm

• Low expenses and high profits

• Sourcing fee: £3,000

Financial Breakdown

Rent pcm: £2,000

Bills pcm: £500

Takeover costs: £9,000

Deposit: £1,800

Revenue pcm (avg): £4,750

Profit pcm (low): £3,500

Profit pcm (high): £9,000

ROI (low): 35%

ROI (high): 90%