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Updated almost 9 years ago,
Kelowna BC Vacation Rental Analysis
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?