465 Line 1 Rd Niagara-on-the-Lake, Ontario, L0S 1J0
2 bed • 2 bath • 4 guests
$43,588
Annual Revenue
Projected nightly rate is $234/night at 51% occupancy.
Top 101% of comparables
Top 101% of comparables
-$66,225
Profit
Revenue
$43,588
Operating Expenses
$18,746
Operating Income
$24,842
Mortgage & Taxes
$91,067
Profit (Cash Flow)
-$66,225
$317,000
Cash Investment
Down Payment
$270,000
Renos & Furnishing
$6,500
Closing Costs
$40,500
Total
$317,000
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-20.89%
Cap Rate
1.84%