The average payback period is only 10-12 years - the best indicator in the world. This is what motivates investors from all over the world to invest in real estate here.
☠️However, dishonest agents sometimes exaggerate the profitability of renting out a property or do not disclose the commissions that, taken together, can "eat up" up to 25% of the income.
❤️Our goal is to provide you with complete analytics and make everything as transparent as possible so that you can receive a stable net profit.
💵 Expenses when renting out a property:
- Service charge - payment for maintenance, including utilities.
- Commission of 18% and trust professionals who will handle all issues, including furniture, cleaning, security, and finding guests.
How to quickly calculate the real income from monthly rent?
- Look at the market rental value of apartments with similar parameters: location, size, and condition.
- Multiply the cost of 1 month of rent in peak season by 7. This will give you an approximate figure taking into account the aforementioned commissions.
🔺This simplified formula immediately takes into account the partial occupancy and varying rental prices throughout the year, as well as all expenses.
🔐In practice, the rent may bring in more, but let that be a pleasant surprise. It's better to start from a pessimistic forecast and be happy with increased profits. ____________
💵 Want to earn a stable income without extra worries?
💌 Write to us in direct messages and entrust the management of your property to professionals, allowing your investment to work for you.