2 Bed Flat, R2SA, Newcastle upon Tyne, NE3, £393 cashflow/mo

R2SA
ROI: 75%
+11 photos

Cashflows

Nightly rate

£97

Occupancy

70%

Gross Rent

£2,065

 

 

Platform fees

£310

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£830

Total running costs

£1,680

Cashflow/mo

£385

 

 

Deposit

£1,245

Dressing costs

£5,000

Total Cash In

£6,245

 

 

Cashflow/yr

£4,620

ROI

74%

Payback Period

17 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£13002/240.75 miGreat North Hotel
£8703/251.28 miNovotel Newcastle Airport
£18601/251.3 miArmstrong Apartments - By Week2Week
£26402/241.55 miJesmond Dene House
£10802/241.72 miGrand Hotel Gosforth Park

Next Steps?

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