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Updated 11 months ago, 01/31/2024

User Stats

11
Posts
2
Votes
Michael Gangemi
2
Votes |
11
Posts

Group consensus on a deal

Michael Gangemi
Posted

I found a brand new townhome in Kissimmee with luxury finishes, resort style amenities, the whole nine. The price is $435K and I was thinking of doing 20% down. This townhome is a 5 bed/ 4 bath with 2020 sqft so it's got more than enough room for bigger families while also being versatile to smaller families who may want to use the extra rooms for storing clothes and suitcases. With a $5,000 rebate back at closing I'm looking to buy down the rate by a point. AirDNA gave me the following estimates: $300/night | 65% Occupancy |$71,100 Revenue with this data I feel comfortable making a move on this one. Let me know your thoughts

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