Time Share Purchase Analysis - This Deal! Not Generalization.

[Kirk Hart]

OK, so I know that time shares in general seem to be frowned upon by the general public. However, here's the skinny...

Purchase Price: $40k

HOA Fees: 1800-2000 per Year

Time: 2 Week Lock Off Premier Time

Units: Studio with mini kitchen including cook top, 1 Bedroom with full Kitchen both balconies are Ocean facing

Rents for 2500 - 4200 per Week

Thinking of purchasing for cash.  

Note: we rented similar room on same property, studio only for $2700 for 1 week

Amazing Location in Prime Vacation/Tourist area.

Would love input!

Thanks in Advance!