This small rent roll would be an excellent addition to your existing portfolio or for an agent looking to take the next step.
With 51 superbly managed properties [with low vacancies and minimal arrears] this is a great opportunity to add some healthy cashflow to your business.
Rent Roll information
- 51 properties
- Income p.a. from management fees and rent collection $59,723
- Income p.a. from additional fees and charges $20,530
- Total income $80,254 per annum
- Average annual management income [AAMI] of $1,171 property
- Average management fee of 5.22%
- Average weekly rent of $433.18
Rent Roll for sale at $2.30 per $1.00 income.
Total purchase price $137,364