0.25 Acre plot. Invest and earn kes 985,000 per month.
Return your investment in 6.3 years.
Plots within 500m or less form tarmac near large towns such as Rongai, Kitengela, Juja, Ruiru, Kiambu , Ruai can unlock this return.
The total construction cost is estimated at kes 54m.
Land 0.25 acres has been estimated at kes 7.5m but can vary from location to location.
| BEDSITTER/ 1 BEDROOMED 20M2 6 FLOORS 112 UNITS | ||
| Cost Item |
Kshs |
% |
| Land |
7,500,000.00 |
10.00266738 |
|
0.00 |
0 |
|
| Construction |
56,000,000.00 |
74.68658309 |
|
0.00 |
0 |
|
|
0.00 |
0 |
|
| Professional fees |
4,480,000.00 |
5.974926647 |
| Project Management fees |
560,000.00 |
0.746865831 |
| Marketing |
4,760,000.00 |
6.348359563 |
| Financial Charges |
1,680,000.00 |
2.240597493 |
| Total |
74,980,000.00 |
100 |
| Financing Plan |
Kshs |
% |
| Developer |
18,980,000.00 |
25.31341691 |
| Debt Finance |
56,000,000.00 |
74.68658309 |
| Presales |
98,560.00 |
0.131448386 |
| Total |
74,980,000.00 |
100.1314484 |
| PROFIT | ||
| TOTAL MONTHLY RENT FOR 112 UNITS |
985,600.00 |
|
| YEARLY RENT |
11,827,200.00 |
|
| TOTAL EXPENDITURE |
74,980,000.00 |
|
| RETURN ON INVESTMENT. YEARS |
6.34 |
|
Francis Gichuhi Kamau, Architect.
0721410684
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