Organized builders chaos. Well that is what we thought however in another two weeks we will have a cash flowing social Hmo on a 7 plus 3 year contract with a govt backing. No voids.. No management and maintenance covered unless structural.
The numbers on this property are
Purchase 90k Dec 2021 ( todays in the 110k range)
Sdlt 2700
Refurb 40,000
Net rents 14,300 a year..
No council tax
No utilities
Net 10.7%
Good economy
Bad economy
Will take this all day long
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