$57,745
Annual Revenue
Projected nightly rate is $255/night at 62% occupancy.
Top 101% of comparables
Top 101% of comparables
$1,038
Profit
Revenue
$57,745
Operating Expenses
$14,707
Operating Income
$43,038
Net Effective Rent
$42,000
Profit (Cash Flow)
$1,038
$22,100
Cash Investment
Renos & Furnishing
$18,500
Setup Costs
$3,600
Total
$22,100
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
4.69%
Payback Period Days
7774