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X1 Michigan Towers in manchester

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Project info

Object ID: 14824

Finished at	October 2021
Price, m²	From 4850$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	35
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

145,500$

Net profit

5,906$

Payback period

18.0 years

Avg property value increase per year

6%

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About the project

Developer

Details about X1

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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X1 Michigan Towers on the map of Manchester

Michigan Avenue, Salford M50 2GY

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