$52,084
Annual Revenue
Projected nightly rate is $230/night at 62% occupancy.
Top 101% of comparables
Top 101% of comparables
$313
Profit
Revenue
$52,084
Operating Expenses
$18,171
Operating Income
$33,913
Net Effective Rent
$33,600
Profit (Cash Flow)
$313
$9,400
Cash Investment
Renos & Furnishing
$6,500
Setup Costs
$2,900
Total
$9,400
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
3.32%
Payback Period Days
10972