2 Bed Flat, R2SA, Romford, RM1, £939 cashflow/mo

Scimitar House - Eastern Road - RM1 - 2 years ago

R2SA
ROI: 161%

Cashflows

Nightly rate

£190

Occupancy

70%

Gross Rent

£4,045

 

 

Platform fees

£607

Bills & council tax

£540

Cleaning fees

£0

Rent to landlord

£1,950

Total running costs

£3,097

Cashflow/mo

£948

 

 

Deposit

£2,019

Dressing costs

£5,000

Total Cash In

£7,019

 

 

Cashflow/yr

£11,376

ROI

162%

Payback Period

8 months












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