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Updated over 3 years ago on . Most recent reply

User Stats

144
Posts
34
Votes
Jeremy W.
  • Investor
  • Chicago, IL
34
Votes |
144
Posts

New Vacation Rental Redevelopment in Palm Beach

Jeremy W.
  • Investor
  • Chicago, IL
Posted

We acquired this 7bd/3ba home about 3 months ago and we have re-positioned it to be a vacation rental. 

Purchase Price: $550,000
Rehab/Furniture cost: $24,000

Expected Revenue: $80-110,000 / year

We're excited because it is in an up-and-coming area, and has great cash flow potential given it's proximity to the Ocean, Downtown and Airport. 

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