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Updated over 5 years ago,
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hey BP
My Wife any I are interested in getting a vacation home we can use once or twice a year that will pay for itself (hopefully). i am just trying to play with numbers on this one, as the listed price is $100k higher than my analysis, but I would love your guidance surrounding the numbers I am using to see if im crazy anywhere or even too conservative. i assumed $150/night and 50% vacancy, assumed i charge guests for cleaning and added the airbnb 3% fee.
It clearly states hat it is a "mechanics special" but the pool is great and updated. I would be interested in full gut to a nice remodel, maybe raise the ceilings a bit but what do i know.
Thanks in advance for your thoughts!