Investment in rental property for employees of foreign companies that operate in Bydgoszcz with annual 8,86% ROI.
Project goal:
to find property with high ROI in a large industrial city to let on a company lease.
90 000$
Declared amount of investment
650$
Desired steady monthly income
Bydgoszcz is a large industrial city with well-developed infrastructure that includes an airport and a river port. The population of Bydgoszcz is around 350 thousand people.
What’s been delivered as part of the project?
01
Searching for and supporting the purchase of a property that would meet the investor's needs in terms of location, budget and planned income - a 72 sq m flat.
80 000$
Property cost
7 000$
Renovating and furnishing the flat with all necessities
1 600$
Purchase tax, 2%
4 350$
Gremi Invest commission, 5%
92 950$
Total project cost
01
07
02
Fixing all organizational issues and providing full legal support:
Drawing up a contract with a renovation contractor and renovation support
Finding a leaseholder and agreeing on a lease payment of $16,800 per year (before taxes).
Paying utilities and other charges on behalf of the owner – 5,040$ per year
Transfer of net income to the investor in the amount of $ 8,232 minus operational management fee*
The investor's net income minus all expenses amounts to $8,232 per year, or 8.86% ROI.
*Property operational management fee (30% of profit) is $3,528 per year.
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