$62,493
Annual Revenue
Projected nightly rate is $290/night at 59% occupancy.
Top 101% of comparables
Top 101% of comparables
$13,569
Profit
Revenue
$62,493
Operating Expenses
$15,324
Operating Income
$47,169
Net Effective Rent
$33,600
Profit (Cash Flow)
$13,569
$13,400
Cash Investment
Renos & Furnishing
$10,500
Setup Costs
$2,900
Total
$13,400
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
101.26%
Payback Period Days
360