Basically, everybody is only interested in the Cash-on-Cash system of payback as a calculation for how well rental properties are performing, but they end up forgetting the other reasons that work together in making rental properties recoup investments. With the idea of this, you can understand and control every factor affecting the returns on your investment, thereby recouping the proper income on your landed property.
A friend of mine just bought a house from a random real estate company. Looking at it, it isn’t really nice. He wanted to let it out on a Lease option, but the market isn’t favorable to him either. This is because the market is filled with other property owners, and a race to the bottom (cheapest price) isn’t going to bring the cheap returns that’s needed.
I wonder if the story would have been the same if my friend got my opinion before randomly investing in an unregulated real estate company. Investing in a Long-term rentals with O’akis Trend is a completely profitable property investment option as it’s in our culture to carry out the necessary feasibility studies to realize the locations that are totally viable and will also recoup the necessary investments.
An investment offers that will guarantee you an undisturbed cash flow remittance is Zularich Residences and its currently selling at an optimized rate of N85million with an initial deposit of N10million.
Benefits of owning a property in Zularich Residences
- 24hrs Power Supply
- Good Road Network
- Structured Drainage
- Swimming Pool
- 24hrs Water Supply
- Fencing
- Kids Play Ground
- Street Light