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Updated over 3 years ago,
Can anyone help me analyze a Disney vacation rental?
I'm looking at a 6b 4ba vacation rental. Its the nicest I've seen so far and would not require any work to get going.
List price is 635
HOA $400
Tax $5300
Their typical rental ranges from 380-900.
Sorry for the basic question but I am new to this and this would be investment property #1.
I am not sure about these numbers but am I close?
Mortgage - 2200
Mgt - 600
Pool - 100
Tax - 440
HOA - 400
Electric - 300
Water - 100
Pest - 75
Ins - 100
misc - 200
4515/month 54,180/year
Avg rental minimum 400 x 185 days (50 %?) = 74,000