2 Bed Flat, R2SA, North Shields, NE29, £375 cashflow/mo

14 days ago

R2SA
ROI: 72%
+4 photos

Cashflows

Nightly rate

£98

Occupancy

70%

Gross Rent

£2,087

 

 

Platform fees

£313

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£850

Total running costs

£1,703

Cashflow/mo

£383

 

 

Deposit

£1,275

Dressing costs

£5,000

Total Cash In

£6,275

 

 

Cashflow/yr

£4,596

ROI

73%

Payback Period

17 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£8601/250.9 miDeluxe Loft Near Tynemouth
£14503/251.2 miTyne Square - historic property - modern facilities
£21801/251.22 miHost & Stay - North View
£22002/241.28 miThe Clifton
£18602/251.32 miForest Guest House
£15001/251.37 miThe Seaview - South Shields
£9501/251.45 miAngel's Haven Apartments - By Week2Week
£10103/251.71 miThe Old Rectory
£10801/251.73 miQuiet & Cosy 3BedRoom - Great Base in South Shields near Hospital and Port of Tyne - Free Parking
£45902/241.82 miNO15

Next Steps?

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