2 Bed Flat, R2SA, Salford, M3, £470 cashflow/mo

Leftbank, Spinningfields - 9 months ago

R2SA
ROI: 80%

Cashflows

Nightly rate

£153

Occupancy

70%

Gross Rent

£3,258

 

 

Platform fees

£489

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£1,750

Total running costs

£2,779

Cashflow/mo

£479

 

 

Deposit

£2,020

Dressing costs

£5,000

Total Cash In

£7,020

 

 

Cashflow/yr

£5,748

ROI

82%

Payback Period

15 months












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