Wears Valley- Financials

[Daniel Green]

I'm in in contract on a 10 acre property off of Wears Valley Road. There are 2 studio cabins and one duplex on the property. I was provided financials for one cabin (I have the other one and they are similar in revenue). My question is do you think there is an additional 12.5% taxes that need to be taken out of the gross revenue to get to net revenue OR is "Total Paid" what the owner received? I see that 3% that goes to AirBnB from Gross earnings. This is 2019 STR revenue:

Thanks for any input/guidance.  Trying to figure out actual revenue as a base for returns.

[Julie McCoy]

@Daniel Green That property definitely caught my eye when it was listed, because of the amount of upside there.  The listing stated one side of the duplex was empty and the other occupied by a tenant.  The two studios were overnight rentals.  

IMO the tenant needs to go ASAP and all the units need some cometic freshening up. Add hot tubs. Do all that with some attentive management and you can do mid-100s easy between the four of them, more is definitely possible. Total potential for home-run ROI, it's just going to take some up-front investment and effort.