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Updated over 5 years ago,
Short Term Vacation Rental
Hello,
I am looking at buying a vacation rental condo in Navarre, FL. My plan is to list it on AirBnB, etc. I have been using AIRDNA to get occupancy and rental amounts. Is there a better way to do this for short term rentals? This will be a long distance rental. Does anyone have a good cleaning and maintenance service in Navarre? Also, are there things I need to be careful about like prohibited short term rentals? Finally here are the numbers I have been using. Does this seem like a sounds deal?
3500 rental income,
renter pays sales taxes and cleaning fee
1550 mortgage, 550 HOA, 250 prop tax, 100 insurance, 100 electricity, water and trash included, 200 Capx/repairs,
2750 total expenses
month cash = 750
Thanks
Jake