3 Bed Flat, R2SA, Newcastle upon Tyne, NE13, £585 cashflow/mo

R2SA
ROI: 117%
+2 photos

Cashflows

Nightly rate

£98

Occupancy

70%

Gross Rent

£2,087

 

 

Platform fees

£313

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£650

Total running costs

£1,503

Cashflow/mo

£583

 

 

Deposit

£975

Dressing costs

£5,000

Total Cash In

£5,975

 

 

Cashflow/yr

£6,996

ROI

117%

Payback Period

11 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£10802/240.88 miGrand Hotel Gosforth Park
£13002/241.74 miGreat North Hotel
£9302/241.84 miHoliday Inn Newcastle Gosforth Park by IHG
£8703/252.57 miNovotel Newcastle Airport
£18601/252.82 miArmstrong Apartments - By Week2Week
£10512/243.09 miThe Snowy Owl by Innkeeper's Collection
£14401/253.3 miComfy Modern 3BR Semi Detached 400Mb Wifi Free Double Parking
£26402/243.31 miJesmond Dene House

Next Steps?

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