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Updated about 3 years ago on . Most recent reply
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Expenses for Florida STR
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
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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.