Furnished room-by-room shared housing in a large rented or owned home
Starting costs about $34,600 in the United States and 6,020,000 NGN in Nigeria. After 12 months, this business can bring in about $1,900 net per month in the United States and 452,000 NGN in Nigeria. The starting money comes back in about 23 months, with 20 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 250 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| United States | $34,600 | $1,900 |
| Nigeria | 6,020,000 NGN | 452,000 NGN |
| United Kingdom | £23,300 | £1,330 |
| Kenya | 1,530,000 KES | 65,400 KES |
| India | 763,000 INR | 47,700 INR |
Amounts adjusted to each country's price and income levels.
The problem
Students, young workers and mobile professionals struggle to find affordable, furnished housing available quickly without complicated applications.
The solution
Rent or buy a large home, fit it out as furnished rooms with well-kept shared spaces, then let each room with bills and internet included.
Your customers
Students, young workers, interns, contract workers and newcomers in a university or employment town.
How you make money
All-inclusive rent per room of €300 to €700 per month depending on the city, with a deposit.
Competition
Private flatshares, student residences, coliving operators, lodger rooms, short-term rentals.
Who has an edge
An investor or manager good at fitting out homes and selecting housemates, able to manage shared living firmly and kindly.
The risks
Subletting forbidden without the owner's written consent, local rules on dividing homes, vacancies between tenants, internal conflicts.
The first 3 steps
- Check local rules and get the owner's written consent to sublet.
- Calculate break-even room by room, including vacancy.
- Test demand by posting a listing before signing.
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €2,500 − costs €1,200 = €1,300 net per month. Revenue: 5 rooms × €500 a month. Costs: rent or mortgage, utilities and internet, cleaning, insurance, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: Room-by-room shared housing?
About $34,600 (United States), 6,020,000 NGN (Nigeria), £23,300 (United Kingdom), depending on the country. Mundyo calculates the amount for 250 countries.
How much can you earn per month?
After 12 months, about $1,900 (United States), 452,000 NGN (Nigeria), £1,330 (United Kingdom) net per month, after costs.
How long until I get my starting money back?
About 23 months, with 20 hours of work per week.
What are the risks?
Subletting forbidden without the owner's written consent, local rules on dividing homes, vacancies between tenants, internal conflicts.
Where do I start?
1. Check local rules and get the owner's written consent to sublet. 2. Calculate break-even room by room, including vacancy. 3. Test demand by posting a listing before signing.
Similar ideas
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- Independent real estate agent within a licensed networkIndependent real estate agent
- Long-term rental management for small landlordsRental management
- Verified rental listings platform for one city or regionVerified rental listings
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