Are you looking for an extra income boost for your business or looking to take the first step into property management?
This compact but profitable rent roll of 8 properties could make a perfect addition to your existing portfolio or, alternatively, be the start you’ve been waiting for.
With a high AAMI and low vacancy rate, this is an opportunity not to be missed.
rent roll information
- 8 properties
- Income p.a. from management fees and rent collection $15,017
- Income p.a. from additional fees and charges $5,325
- Total income $20,342 per annum
- Average annual management income [AAMI] of $1,877 per property
- Average management fee of 7.5%
- Average weekly rent of $480
Rent Roll for sale at $2.70 per $1.00 income.
Total purchase price $40,546