$54,056
Annual Revenue
Projected nightly rate is $200/night at 74% occupancy.
Top 101% of comparables
Top 101% of comparables
$829
Profit
Revenue
$54,056
Operating Expenses
$18,427
Operating Income
$35,629
Net Effective Rent
$34,800
Profit (Cash Flow)
$829
$9,500
Cash Investment
Renos & Furnishing
$6,500
Setup Costs
$3,000
Total
$9,500
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
8.72%
Payback Period Days
4186