Help Analyzing Numbers on an STR

[Emily Simmons]

I want to know if this is what I can realistically expect for net on an STR. The Regime/HOA covers everything except electricity. It says it covers insurance, too, but I'm wondering if that's resort insurance vs. insurance for the unit itself. Clarification there is welcome from anyone who knows if there's a distinction. I've talked with the resort's rental manager, so the occupancy rate is the specific resort's average. I've seen nightly rates in this resort for under $200 to nearly $400 for the same footprint as what I was looking at. I wanted to be conservative, though. Even a $15 uptick in nightly rate would add $300/month, though (assuming the occupancy rate is good).

Also, is there anything fundamentally wrong with my number crunching? Am I missing anything super obvious (and expensive)?