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Properties, neighbourhoods and tools

Calculators

Do the numbers first

Two quick tools: one for tenants setting a budget, one for owners checking what a property really earns.

Rent affordability

30% is a common rule of thumb.

Comfortable rent
Ksh 61,000
Total housing budgetrent plus service charge
Ksh 69,000
Typical deposittwo months' rent
Ksh 122,000
Cash needed to move indeposit plus first month
Ksh 183,000
See properties up to Ksh 61K

Rental yield

Allow for time between tenants.

Repairs, insurance, land rates.

Net yield
5.74%
Gross yield
8.00%
Rent collectedafter empty weeks
Ksh 1,329,231
Management fee
− Ksh 106,338
MRI tax
− Ksh 99,692
Net income
Ksh 1,033,200