I'm thinking of building 10 mabati rooms 10ft x 10ft in Riat near Kanyamedha, Kisumu. I aim to do in 2 phases of 5 units each. Three fundis have given me material plus labour costs as follows per room (rooms only minus toilet/bath/stima):
1. sh 58,700
2. sh 56,890
3. sh 66,000
Questions I have for anyone who has done this before:
1. Are the costs realistic?
2. What are realistic rents in that area?
I have a water connection on site (1 installed meter). How do I manage the water for tenants?
Any pointers will be much appreciated.