291 Vernon Shores Ave Huntsville, Ontario, P1H 2J2
2 bed • 1 bath • 6 guests
$64,517
Annual Revenue
Projected nightly rate is $276/night at 64% occupancy.
Top 101% of comparables
Top 101% of comparables
$8,309
Profit
Revenue
$64,517
Operating Expenses
$21,467
Operating Income
$43,050
Mortgage & Taxes
$34,741
Profit (Cash Flow)
$8,309
$124,702
Cash Investment
Down Payment
$103,002
Renos & Furnishing
$6,250
Closing Costs
$15,450
Total
$124,702
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
6.66%
Cap Rate
8.35%