e.g. 6 bed House |
Now (managed) |
The Rooms Group |
Monthly Rent |
£1,950 |
£1,800 |
Annual Rent |
£23,400 |
£21,600 |
minus... |
||
Management (@ 12%) |
£2,800 |
£0 |
Tenant Find |
£500 |
£0 |
Voids (@ 5%) |
£1,170 |
£0 |
Cleans |
£200 |
£0 |
Repairs |
£200 |
£0 |
Gas Safety |
£70 |
£0 |
Annual Profit |
£18,460 |
£21,600 |
Your Monthly Profit |
£1,538 |
£1,800 |
Time invested |
Many, many hours |
Zero |