ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Property Value$575,000
2
Purchase Date6/1/2022
3
Property Value Growth (annual)3.0%
4
5
Downpayment (%)10%
6
Downpayment ($)$57,500
7
Closing Costs$10,000
8
Furnishing$40,000
9
Inspection Repairs$5,000
10
Other Repairs$0
11
Other Costs$0
12
Extra Cash Buffer$5,000
13
Total Investment$117,500
14
15
Loan Term (years)30
16
Interest Rate (annual)5.000%
17
Mortgage Payment (monthly)$2,778
18
19
Occupany in Month 170%
20
Occupany in Month 270%
21
22
Expenses:
23
Management Fee0%
24
Hotel Tax0.0%
25
Insurance (Paid Annually)$5,750
26
Property Tax Rate (Paid Annually)0.690%
27
Average Stay Duration (Nights)3.00
28
Cleaning Fee$150
29
Utilities (monthly)$500
30
Maintenance (monthly)$288
31
Repairs (monthly)$575
32
Supplies (monthly)$575
33
Improvement Assessment (% of Property Value)83%
34
Depreciable Property$475,000
35
Property Depreciation (years)27.5
36
Annual Property Depreciation (Non-Cash)$17,273
37
Marginal Household Income Tax Rate ($165K-$315K)24%
38
Cash Breakeven Months (Net Income > Cash Investment)52
39
40
https://www.airdna.co/rentalizer3581012
41
Month Month # Nightly Rate %Nightly RateOccupancy %Per BedroomPer BedPer PersonPer PersonPer Person
42
January10.07%$403 70.0%$134$81$50$40$34
43
February20.07%$403 70.0%$134$81$50$40$34
44
March30.07%$403 70.0%$134$81$50$40$34
45
April40.07%$403 70.0%$134$81$50$40$34
46
May50.07%$403 70.0%$134$81$50$40$34
47
June60.07%$403 70.0%$134$81$50$40$34
48
July70.07%$403 70.0%$134$81$50$40$34
49
August80.07%$403 70.0%$134$81$50$40$34
50
September90.07%$403 70.0%$134$81$50$40$34
51
October100.07%$403 70.0%$134$81$50$40$34
52
November110.07%$403 70.0%$134$81$50$40$34
53
December120.07%$403 70.0%$134$81$50$40$34
54
Full Year Average0.07%$40370.0%$134$81$50$40$34
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100