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Updated almost 9 years ago,

User Stats

63
Posts
7
Votes
Stanley Kong
  • Specialist
  • Vancouver, BC
7
Votes |
63
Posts

Kelowna BC Vacation Rental Analysis

Stanley Kong
  • Specialist
  • Vancouver, BC
Posted

Hi BP, 

Since it is near impossible to get any positive cashflow in Vancouver, I decided to look at some vacation rentals in Kelowna (3 hour drive away)

Not exactly sure if this is a condo-tel, if it is then there are more aspects for consideration. 

Here is how I came up with the math for the rental $200/night for 3 months of the year then divided into 12 months and took a 10% assumption for vacancy which nets $1125/month cashflow.

http://www.realestateanalysisfree.com/Kelowna-Wate...

Let me know if my number assumptions are correct. Any opinions? 

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