RETURN ON INVESTMENT FOR KASARANI ,SANTON AREA 1 BEDROOMED AND BEDSITTER UNITS.
|
1 bdm |
area |
number |
rent |
rent for 3 units |
annual rent |
construction cost |
ROI |
|
29 |
3 |
10000 |
30000 |
360,000.00 |
2,175,000.00 |
6.041667 |
|
|
Bedsitter |
area |
number |
rent |
rent for 3 units |
annual rent |
construction cost |
ROI |
|
19 |
3 |
6000 |
18000 |
216,000.00 |
1,425,000.00 |
6.597222 |
|
|
http://muthaiga.olx.co.ke/clean-spacious-1-brm-flat-15-000-iid-562086153 |
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|
http://muthaiga.olx.co.ke/spacious-bed-sitter-to-let-iid-561988705 |
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Conclusion,
The Return on Investment at an average of 6 years is impresive. This means a lowering of rent to enable competitiveness can be put in place if need and demand/supply arises.
Francis Gichuhi Kamau, Architect.
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