2 Bed Flat, R2SA, Morecambe, LA3 £256 cashflow/mo
Bold Street, Morecambe, Lancashire, LA3 - 3 months ago
R2SA
ROI: 51%
Cashflows
Nightly rate | £107 |
Occupancy | 62% |
Gross Rent | £2,023 |
| |
Platform fees | £303 |
Bills & council tax | £540 |
Cleaning fees | £0 |
Rent to landlord | £925 |
Total running costs | £1,769 |
Cashflow/mo | £254 |
| |
Deposit | £1,065 |
Dressing costs | £5,000 |
Total Cash In | £6,065 |
| |
Cashflow/yr | £3,048 |
ROI | 50% |
Payback Period | 24 months |
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