$54,604
Annual Revenue
Projected nightly rate is $230/night at 65% occupancy.
Top 101% of comparables
Top 101% of comparables
-$2,339
Profit
Revenue
$54,604
Operating Expenses
$20,179
Operating Income
$34,425
Mortgage & Taxes
$36,764
Profit (Cash Flow)
-$2,339
$138,100
Cash Investment
Down Payment
$109,000
Renos & Furnishing
$12,750
Closing Costs
$16,350
Total
$138,100
Investment Value Over Time
Property Appreciation
7.1%
Revenue Appreciation
0%
Cash on Cash Return
-1.69%
Cap Rate
6.31%