2 Bed Flat, R2SA, Gateshead, NE8, £958 cashflow/mo

11 days ago

R2SA
ROI: 173%
+5 photos

Cashflows

Nightly rate

£144

Occupancy

70%

Gross Rent

£3,066

 

 

Platform fees

£460

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£1,100

Total running costs

£2,100

Cashflow/mo

£966

 

 

Deposit

£1,650

Dressing costs

£5,000

Total Cash In

£6,650

 

 

Cashflow/yr

£11,592

ROI

174%

Payback Period

7 months

Nightly Rates

RateLast CheckDistanceHotel / apartment 
£11302/240.12 miLeonardo Hotel Newcastle Quayside
£20802/240.19 miMalmaison Newcastle
£16702/250.3 miSwan Apartments 2A by Week2Week
£15112/240.34 miStaybridge Suites Newcastle by IHG
£36201/250.34 miQueen Street Quayside Apartment, NE1 Grade 2 Listed
£19602/240.38 miHotel Du Vin Newcastle

Next Steps?

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