Quick and easy ROI Calculator. Kansas City, MO

Quick and easy ROI Calculator. Kansas City, MO

Here is a quick and simple way to calculate how much you could earn using our system of renting out individual rooms in transitional housing. $450 a month for private bedrooms and $750 a month for the shared ones (12x12 or larger). Just add it up in your head, and then deduct your operating expenses; e.g., mortgage payment, insurance, taxes (PITI) and utilities, Viola, there’s your net income, and on the average probably around $1,000 a month.

One of our newest students just opened a 4 bedroom, split level, single family residence (SFR) in a nice working class area on January 11th. Two rooms are renting out as privates for $450 a month, and two larger bedrooms will be rented out as semi-private rooms for $750 a month. Semi-private rooms include two beds. So, a total of 6 guys will be renting. Total gross rents collected will be $2,400 a month.

His SFR looks great with small homey touches and he had his first tenant the first day he opened. A second renter moved in on the 3rd day after opening, and he continues to fill his rooms. Characteristically, the vacancy rate will be low, due to our effective coaching on initial marketing efforts. In a short period, your property name is out there and through quite a few channels and this soon creates a waiting list of tenant applicants. Transitional housing is in such demand these days that the nicer places fill up quickly.

Successful real estate investors make themselves aware of all possible strategies available to maximize their earnings. Transitional housing HAS to be considered for the rental property owner, whether renting to college students, the mentally or physically handicapped, seniors or to our preferred tenant population; former offenders of soft crime. Read tomorrow’s blog and find out why we refer to them as “preferred”, or . . .

Download our free Ebook, Max Cash Flow Now, on the sidebar of our main blog site to discover ALL the benefits of renting to former offenders.

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