1 Bed Flat, R2SA, Manchester, M1, £21 cashflow/mo
Roomzzz Aparthotel, Manchester City - 4 years ago
R2SA
ROI: 5%
Cashflows
Nightly rate | £142 |
Occupancy | 70% |
Gross Rent | £3,023 |
| |
Platform fees | £454 |
Bills & council tax | £540 |
Cleaning fees | £0 |
Rent to landlord | £2,000 |
Total running costs | £2,994 |
Cashflow/mo | £30 |
| |
Deposit | £0 |
Dressing costs | £5,000 |
Total Cash In | £5,000 |
| |
Cashflow/yr | £360 |
ROI | 7% |
Payback Period | 170 months |
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