09:00 – 17:00

Monday to Friday

Tallinn

Laki 25-441

+372 555 490 24

Welcome to Earn and Invest website!

09:00 – 17:00

Monday to Friday

Tallinn

Laki 25-441

+372 555 490 24

Sõle 18

Rental strategy Sõle 18 example

Customer situation

  • Wish to get additional income via apartment rent
  • Available funds 40.000 eur
  • Return around 7% of capital invested
  • Client accept medium risk
  • Exit from investment could be within 1 year.

Expectations

  • Find partner who can manage rental portfolio
  • Find apartment with decent rental potential and possible place for future living
  • Expected rental income min 400 eur per month

Income could be re-invested

During first consultation we found out

  • Customer needs support in rental property management as busy with own business
  • Tallinn rental market provides opportunities for 7+ return

Rental strategy was selected as most appropriate for the customer

  • 12 m2 apartment was selected for investment due to high demand on rental market and fit of clients funds Vs rental income
  • Exit from investment is possible within 6 months without any losses

Timeline of process

  • 01.10 – Incoming request
  • 03.10 – Initial consultation over phone to define optimal strategy
  • 06.10 – Sample of suitable apartments sent to customer
  • 10.10 – Negotiations with seller about terms after customer confirmed selection
  • 31.10 – Notary agreement signed
  • 14.11 – Furniture and kitchen organized
  • 16.11 – Home staging and photo to prepare advert
  • 19.11 – Tenant was found and deposit was recieved

Apartment after Home staging

Results - Sõle 18

  • From initial customer request till tenant was found only 1,5 month
  • Our partner organized preparation of apartment for rent
    • –Kitchen and needed furniture purchased and assambled
    • –Home staging to increase value and attractiveness
  • Big interest within target group to rent the apartment
  • Agreement with selected tenant was signed after 3 days from advert appeared on estate portals

Rental conditions

  • Monthly Rental fee: 250 eur
  • Deposit: 500 eur

Customer Return on investment – 9,8%

Financial prediction - Sõle 18

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