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Updated about 3 years ago,

User Stats

179
Posts
54
Votes
Chris K.
  • Investor
  • Florida
54
Votes |
179
Posts

STR home purchase overpriced but still cash flows!?

Chris K.
  • Investor
  • Florida
Posted

Found a property in beach area that is definitely overpriced (almost everything is) but with calculations of 70% occupancy high season and 50% low season , and other methods such as enemy method @lukecarl , the property STILL cash flows. Property would be purchased 100% OPM.

This is a desirable vacation spot for potential purchaser as well and would use 4 weeks out of the year !

Would you go ahead with purchase ?

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