IsnadRENT

Services

Furnish & Share

Furnish, rent, and share the return — Isnad furnishes your property at its own cost and you split the income.

All Services

For empty or unfurnished properties. Isnad covers the cost of furniture, design and installation, then markets, rents and fully manages the property, with the income split between both parties after approved expenses. The furniture remains Isnad's property for the contract term, and transfers to the owner free of charge once it completes.

What You Get

  • Isnad covers the full cost of furniture, design and installation
  • Marketing, photography, leasing and complete property management
  • Rent collection, tenant management, maintenance and re-letting on vacancy
  • Monthly report of income, expenses and each party's share

Revenue Split

Owner

50%

Isnad

50%

Split from income actually collected, after deducting the expenses approved in the contract

Contract term: five years

Starting from the date furnishing is complete and the property is ready to let

Furniture Ownership

The furniture remains Isnad's property throughout the five years, and transfers to the owner free of charge once the term completes.

Owner Contributes

  • Providing the property and proof of ownership or right to lease
  • Handing the property over empty
  • Providing sound basic infrastructure
  • Granting Isnad exclusive rights to lease and manage

Isnad Contributes

  • Isnad covers the full cost of furniture, design and installation
  • Marketing, photography, leasing and complete property management
  • Rent collection, tenant management, maintenance and re-letting on vacancy
  • Monthly report of income, expenses and each party's share

Financial Example

1,000,000 IQD Monthly

Monthly

Owner

500,000 IQD

Isnad

500,000 IQD

Annually

Owner

6,000,000 IQD

Isnad

6,000,000 IQD

Over five years

Owner

30,000,000 IQD

Isnad

30,000,000 IQD

Assuming 1,000,000 IQD monthly rent and full occupancy — figures before expenses and vacancy periods

Property Acceptance Criteria

No property is accepted without a study covering:

  1. 1Location and rental demand
  2. 2Expected rent and furnishing cost
  3. 3Expected occupancy and investment payback period
  4. 4Property condition and target tenant type
  5. 5Legal and operational risks