1 Bed Flat, R2SA, Newcastle upon Tyne, NE12, £607 cashflow/mo

R2SA
ROI: 121%
+3 photos

Cashflows

Nightly rate

£101

Occupancy

70%

Gross Rent

£2,150

 

 

Platform fees

£323

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£675

Total running costs

£1,538

Cashflow/mo

£612

 

 

Deposit

£1,013

Dressing costs

£5,000

Total Cash In

£6,013

 

 

Cashflow/yr

£7,344

ROI

122%

Payback Period

10 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£18601/252.45 miArmstrong Apartments - By Week2Week
£26402/242.72 miJesmond Dene House
£13002/242.93 miGreat North Hotel
£9702/243.04 miCaledonian Hotel
£10802/243.06 miGrand Hotel Gosforth Park
£14802/243.39 miHoliday Inn Newcastle-Jesmond by IHG
£10101/253.43 miKensington House by Warren Collection
£10103/253.56 miThe Old Rectory
£9712/243.63 miThe Longship

Next Steps?

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