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PROPERTY / DEAL DETAILS:
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>>> VIDEO BREAKDOWN <<< (CLICK HERE AND REVIEW THIS FIRST)
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Property Address700 Woodland Bluff Trl, Broken Bow, OK 74728Bedroom Count:4
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Purchase Price$825,000Bathroom Count:5
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Listing URLLink to PhotosSquare Footage:2,281
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CASHFLOW, TAX SAVINGS AND RETURNS:NOTES:
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Cash on Cash Return (CoC):17.33%
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Annual Cash-Flow:$46,714.76
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Estimated Bonus Depreciation:$264,000.00
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Estimated Additional Offset:$166,729.12
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Total Year 1 Offset:$430,729.12
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Year 1 Estimated Net Effective Tax Savings:$159,369.77
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Year 1 Estimated Tax Savings And Cash-Flow:$206,084.53
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Year 1 ROI:76.47%
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Total 5-Year Internal Rate Of Return:43.16%
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DEAL SNAPSHOT:NOTES:
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CASH NEEDED:CASHFLOW, TAX SAVINGS AND RETURNS:
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Purchase Price:$825,000.00
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Down Payment:$82,500.00
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Mortgage Amount:$742,500.00
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Closing Costs:$42,145.83
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Seller Credit:$10,000.00
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Inspection Seller Credit:$40,000.00<<<seller offering $40,000 pool credit
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Adjusted Closing Costs:-$7,854.17
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Total Cash To Close:$74,645.83
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Post-Close Enhancements Budget:$194,856.20
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Total Cash Needed:$269,502.03
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MONTHLY INCOME PROJECTIONS:NOTES:
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Average Nightly Rate (ADR):$850
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Average Occupancy (OCC):60%
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Gross Booking Revenue:$15,513
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Cleaning Revenue:$1,656
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Gross Monthly Income:$17,169
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Gross Annual Revenue (Before ALL Expenses)$206,026
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Net Annual Cashflow (After ALL Expenses)$46,715
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Net Monthly Cashflow (After ALL Expenses)$3,893
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RECURRING MONTHLY EXPENSES BREAKDOWN:NOTES:
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RECURRING PAYMENTS:UTILITIES:
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Principal + Interest Payments:$4,451.66Water/Sewer:$147
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Property Taxes:$395.83Gas And Electricity:$483
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STR Insurance Policy:$400.00Internet:$93
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Flood Insurance:$0.00Cleaning:$1,656
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Private Mortgage Insurance (PMI):$286.69HOA Dues:$63
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TOTAL Monthly Mortgage Payment (PITI):$5,534.18Pest Control:$20
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Repairs And Capex:$200Lawn Care:$126
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Co-Hosting Fee:$2,792Snow Removal:$0
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Average Platform Fee:$1,862Pool/Hot Tub Maintenance:$300
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Net Annual Expenses:$159,310.84
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Net Monthly Expenses:$13,275.90
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ONE-TIME DESIGN AND ENHANCEMENTS BUDGET:NOTES:
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INTERIOR:EXTERIOR:
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Handyman/General Contractor "Wear And Tear" Enhancements:$2,500Handyman/General Contractor "Wear And Tear" Enhancements:$0
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One-Time Supplies Stocking:$1,356Games:$0
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Bedrooms:$15,000Firepit:$3,500More bedroom/has bunk beds
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Living Room:$3,500Hot Tub:$0Has a pingpong game table/billard/indoor games or activities
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Dining Room:$3,500Sauna:$15,000Has some commercial-Grade Arcade Machines
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Basement:$0Artificial Turf Putting Green:$10,000Has an outdoor Swing & slide
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Loft Living Area:$0Patio Furniture:$3,500
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Game Room:$0Pickleball Court:$35,000
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Garage:$0Pool:$75,000
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Multi-Game Tables$3,000Outdoor swing & slide$1,500
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Commercial-Grade Arcade Machines$3,000Kids' Jungle Gym Play Area$4,500B67 arcade setups in that orphan space behind living/dining room area is probably all you can fit in
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Paint/Mural:$0Misc Amenity 3:$0
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Designer:$15,000Misc Amenity 4:$0
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Total:$46,856Total:$148,000
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NET DESIGN AND ENHANCEMENTS BUDGET TOTAL:$194,856