Deal or no deal

[Meria]

Cc; @kymnjoro .
APARTMENT FOR SALE

LOCATION: Ngoingwa just 300 metres from Ngoigwa Shell Petrol Station along Mangu Road.

AMENITIES:
2 bedrooms - 12 Units
1 bedroom - 4 Units
Bedsitters - 2 Units
1 Shop.

PRICE: 75 million - Negotiable

CONTACT 0728 338 655 /0717 516 034

 

[QuadroK4000]

What is chrome quality?

 

[Magreb]

Yaani millions zimedharauliwa Sikh hizi hivi? Corruption is a bad cancer.

 

[Okiya]

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.

 

[Meria]

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.

That's if it's full occupancy.
Make it 35yrs

 

[Pamba 1]

That's if it's full occupancy.
Make it 35yrs

Afadhali lodgings.

 

[Mwalimu-G]

Total annual rent for all units = KShs 2.6million.

Minus 10 p c rental income tax.

 

[Notapeoplesguy]

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.

 

[Okiya]

What about shops rent too? If the sale price is reduced it seems like good passive income.

Good passive income would be putting that 75 million in government infrastructure bonds and earn tax free interest of Kshs 7.5million every year.

 

[Mongrel]

That's if it's full occupancy.
Make it 35yrs

Huoni duka hata saa hii iko vacant?

 

[zapp_brannigan]

Huoni duka hata saa hii iko vacant?

Chief nimekuwa hapo Thigio boys jana , will holla on 25th nikikuja meeting ya Wazazi

Fantastic road hizo area za ndeiya all the way to southern bypass.

 

[It's Me Scumbag]

Minus 10 p c rental income tax.

And defaulters?

 

[Ngimanene na Muchere]

Zile nyumba naonanga empty kwa valley ya kuingia Thika from Kanairo, what happened to them? Na Mwaniki the kikuyu landlord anaweza ziadvertise as serene executive apartments next to the soothing sounds of natural Chania streams

 

[Magreb]

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.

Kenyans hawaelewi mambo ya payback period since the bulk of the money in real estate is proceeds of crime being laundered.

 

[The.Black.Templar]

Good passive income would be putting that 75 million in government infrastructure bonds and earn tax free interest of Kshs 7.5million every year.

interesting, how often do they pay out interests, every month, quarter or year?

 

[Kamau wa Kíríro]

Chief nimekuwa hapo Thigio boys jana , will holla on 25th nikikuja meeting ya Wazazi

View attachment 40883

Fantastic road hizo area za ndeiya all the way to southern bypass.
View attachment 40884

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.....

 

[Tiger Bone]

Hii Biashara inaanguka kama shares za Safaricom. Empty houses kila corner

 

[Doc oga]

Hii Biashara inaanguka kama shares za Safaricom. Empty houses kila corner

Siku hizi hata agents wa manyumba hawana kazi. Inabidi mwenyewe ajiokotee rent.

 

[It's Me Scumbag]

Siku hizi hata agents wa manyumba hawana kazi. Inabidi mwenyewe ajiokotee rent.

Halafu Kuna apps kama hii

Xpodd – Connecting Landlords and Tenants directly

xpodd.com

Organizes the house renting/leasing biz while creating accountability.

 

[shocks]

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.

Hehehehehe, upus. And very likely you have been generous with the monthly rents