$39,534
Annual Revenue
Projected nightly rate is $164/night at 66% occupancy.
Top 101% of comparables
Top 101% of comparables
$195
Profit
Revenue
$39,534
Operating Expenses
$16,539
Operating Income
$22,995
Net Effective Rent
$22,800
Profit (Cash Flow)
$195
$10,500
Cash Investment
Renos & Furnishing
$8,500
Setup Costs
$2,000
Total
$10,500
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
1.85%
Payback Period Days
19708