That's if it's full occupancy.2 bedroom rent - KShs 15,000
1 bedroom rent - KShs 10,000
12 Units of 2br = Monthly rent of KShs 180,000
4 units of 1br = Monthly rent of KShs 40,000
Total annual rent for all units = KShs 2.6million.
With a sale price of KShs 75 million it means you'll start making profits after 29 years.
Afadhali lodgings.That's if it's full occupancy.
Make it 35yrs
Minus 10 p c rental income tax.Total annual rent for all units = KShs 2.6million.
What about shops rent too? If the sale price is reduced it seems like good passive income.2 bedroom rent - KShs 15,000
1 bedroom rent - KShs 10,000
12 Units of 2br = Monthly rent of KShs 180,000
4 units of 1br = Monthly rent of KShs 40,000
Total annual rent for all units = KShs 2.6million.
With a sale price of KShs 75 million it means you'll start making profits after 29 years.
What about shops rent too? If the sale price is reduced it seems like good passive income.
Huoni duka hata saa hii iko vacant?That's if it's full occupancy.
Make it 35yrs
Chief nimekuwa hapo Thigio boys jana , will holla on 25th nikikuja meeting ya WazaziHuoni duka hata saa hii iko vacant?
And defaulters?Minus 10 p c rental income tax.
Kenyans hawaelewi mambo ya payback period since the bulk of the money in real estate is proceeds of crime being laundered.2 bedroom rent - KShs 15,000
1 bedroom rent - KShs 10,000
12 Units of 2br = Monthly rent of KShs 180,000
4 units of 1br = Monthly rent of KShs 40,000
Total annual rent for all units = KShs 2.6million.
With a sale price of KShs 75 million it means you'll start making profits after 29 years.
interesting, how often do they pay out interests, every month, quarter or year?Good passive income would be putting that 75 million in government infrastructure bonds and earn tax free interest of Kshs 7.5million every year.
Kuna team ya ball tulikuwa tunacheza against ilikuwa ya hizo sides, ilikuwa inaitwa Dragon bado iko? Good old days....we would foot all the way from Rironi alafu tunaingia kwa uwanja.....Chief nimekuwa hapo Thigio boys jana , will holla on 25th nikikuja meeting ya Wazazi![]()
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Fantastic road hizo area za ndeiya all the way to southern bypass.
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Siku hizi hata agents wa manyumba hawana kazi. Inabidi mwenyewe ajiokotee rent.Hii Biashara inaanguka kama shares za Safaricom. Empty houses kila corner
Halafu Kuna apps kama hiiSiku hizi hata agents wa manyumba hawana kazi. Inabidi mwenyewe ajiokotee rent.
Hehehehehe, upus. And very likely you have been generous with the monthly rents2 bedroom rent - KShs 15,000
1 bedroom rent - KShs 10,000
12 Units of 2br = Monthly rent of KShs 180,000
4 units of 1br = Monthly rent of KShs 40,000
Total annual rent for all units = KShs 2.6million.
With a sale price of KShs 75 million it means you'll start making profits after 29 years.