Mixed property analysis

[Kristopher K.]

Hi All,

So I'm contemplating taking a look at a property that fits most of my criteria and am trying to work through an analysis. The property has a mix of seasonal residential, year round residential, and a commercial space. I have an idea of rates and the variations based on the occupancy and times of year (seasonals are rented for a certain rate for the main season, then reduced rates for shoulder seasons)

My questions are based on the metrics experienced investors would use to 'translate' this into an analysis...as in what metrics would you use? I'm looking at this as a more "passive" investment because of distance so management, marketing, and the weekly turnover are all things I'll take into account. Do I basically just break the numbers down to figure cashflow per door similar to a typical multi unit?

It's kind of apples to oranges to me at this point. I know what I'd look for on a typical multi, or a typical seasonal, or even one year rounder and one seasonal ( my current project) but the scale of this one has made me a little more conservative (8 units plus the commercial)

Any thoughts, suggestions, or heckling?

Thanks BP!