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Updated about 3 years ago on . Most recent reply

User Stats

5
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1
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Ryan Cotterill
1
Votes |
5
Posts

Expenses for Florida STR

Ryan Cotterill
Posted

Hi all, really trying to get accurate numbers while researching the Florida Disney area. 
 I have been in touch with a realtor, and still researching. 

When I look at air bnb at the potential areas I’m going to invest in, and the nightly average, compared to how many booking days over 4 months- seem to break even/substantially profit. That being said I don’t see a lot of May/June bookings? Is it too far out? Rainy season? 

So here is a rough list of estimates I put together, just want experienced investors in the area to share if I am missing or off on fees. 

4bd house, with pool, 20% down. Property tax - around $ 3200.00 annual

Monthly expenses:

monthly mortgage - $1888.00

Property tax -$266.00

HOA fee- varies

Electrical - $500- depending on usage and bookings

Insurance $100.00

Landscape- $100.00 

Cleaning services per clean ??? ($180)

Tv/internet - $100.00

Does air bnb charge? Or any other platforms?


Thanks all. Just want to make sure I'm in a strong market and hopefully can calculate a good ROI.

Most Popular Reply

User Stats

138
Posts
165
Votes
Kevin Pillow
  • Realtor
  • Destin, Fl
165
Votes |
138
Posts
Kevin Pillow
  • Realtor
  • Destin, Fl
Replied

If you’re wanting a couple contacts we have some go to lenders for our clients with great 10% down options. Just send me a DM and I’ll pass their info to you.

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