mundyo
FRENESPT

Long-term rental management for small landlords

Starting costs about $3,120 in the United States and 527,000 NGN in Nigeria. After 12 months, this business can bring in about $2,460 net per month in the United States and 602,000 NGN in Nigeria. The starting money comes back in about 6 months, with 30 hours of work per week.

Mundyo estimates, data as of 2026-11-02.

See the numbers for my country

Free, no account, in the currency of 247 countries.

The numbers

CountryTo startNet per month (month 12)
United States$3,120$2,460
Nigeria527,000 NGN602,000 NGN
United Kingdom£2,170£1,670
Kenya138,000 KES79,900 KES
India68,900 INR58,300 INR

Amounts adjusted to each country's price and income levels.

The problem

Small landlords lose time and money: unpaid rent, poorly screened tenants, repairs to organise and paperwork to keep.

The solution

Tenant screening, lease drafting, rent collection and reminders, check-in and check-out reports, repair coordination and regular owner statements.

Your customers

Individuals owning one to ten homes, heirs, expats and small investors.

How you make money

Fee of 5 to 10% of rent collected, plus letting fees equal to a fraction of one month's rent.

Competition

Estate agencies with management services, low-cost online management, relatives who collect rent, landlords managing alone.

Who has an edge

A rigorous and diplomatic profile, comfortable with numbers and local housing law, backed by reliable tradespeople.

The risks

Activity requiring a licence and financial guarantee in many countries, tenant disputes, liability for funds collected.

The first 3 steps

  1. Check the legal status required to collect rent on behalf of others.
  2. Prepare a standard lease, screening grid and statement template.
  3. Contact twenty small landlords via notaries, accountants and listings.

How the numbers are calculated

Example in a high-income eurozone country, at month 12: revenue €2,800 − costs €1,100 = €1,700 net per month. Revenue: 50 homes × €800 rent × 7%. Costs: management software, insurance, professional license, travel, 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: Rental management?

About $3,120 (United States), 527,000 NGN (Nigeria), £2,170 (United Kingdom), depending on the country. Mundyo calculates the amount for 247 countries.

How much can you earn per month?

After 12 months, about $2,460 (United States), 602,000 NGN (Nigeria), £1,670 (United Kingdom) net per month, after costs.

How long until I get my starting money back?

About 6 months, with 30 hours of work per week.

What are the risks?

Activity requiring a licence and financial guarantee in many countries, tenant disputes, liability for funds collected.

Where do I start?

1. Check the legal status required to collect rent on behalf of others. 2. Prepare a standard lease, screening grid and statement template. 3. Contact twenty small landlords via notaries, accountants and listings.

See the numbers for my country

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