area | cost | cost per floor | no of units per floor | rent | Rent per year |
ROI |
||
bedsitter rent |
6000 |
22 |
550,000.00 | 5,500,000.00 |
10 |
60000 |
720000 |
7.64 |
1 bdm rent |
8000 |
30 |
750,000.00 | 4,500,000.00 |
6 |
48000 |
576000 |
7.81 |
2 bdm rent |
11000 |
60 |
1,500,000.00 | 6,000,000.00 |
4 |
44000 |
528000 |
11.36 |
3 bdm rent |
15000 |
100 |
2,500,000.00 | 5,000,000.00 |
2 |
30000 |
360000 |
13.89 |
Bedsitters and I bedroomed will give a faster RETURN ON INVESTMENT than 2 and 3 Bedroomed units. These are more desirable in terms of profitability.
Francis Gichuhi Kamau, Architect.
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