All Forum Posts by: Simone Newsome

@Account Closed thanks

Estimate income $42,625

Estimate fees $15,963.85

TOTAL ANNUAL EARNING TO THE OWNER

$26,661.15 after fees

(ROI) Return on Investment Annual 13.62%

So $163 a month for HOA fee

@Gord Stevenson this all the info I have so far

1 Bed with a value of $195,800

JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

Average Rate

(USD) $250 $175 $175 $175 $150 $150 $200 $200 $150 $150 $200 $250

Average Nights 26 20 20 15 15 15 20 20 15 15 15 26

Booked

Earnings $6,500 $3,500 $3,500 $2,625 $2,250 $2,250 $4,000 $4,000 $2,250 $2,250 $3,000 $6,500

(USD)

TOTAL $42,625

Property Management Fee (25% of rental income) $10,656.25

Electric $1,958.00

Cable/Wifi $1,000.00

Property Taxes (Estimated) $391.60

HOA fee (Cuota de mantenimiento) 1% value of purchase ann$u1a,9l)58.00 TOTAL ANNUAL EARNING TO THE OWNER

$26,661.15

(ROI) Return on Investment Annual

TOTAL $15,963.85

@Gord Stevenson thanks for your informative reply! Those are great question I need to talk with the hotel about. The hoa fee is 1% of the purchase price

@Account Closed I been looking in Tulum and playa de carmen

Hey BP! I been looking at luxury vacation condos in Mexico. So the hotel handles all bookings, management and cleaning and split profit 70% investor-30% hotel. The Roi is between 10-13% depending on the bedrooms and bookings every year. Just wondering if anyone else tried this out before? Thanks!

Good evening I'm selling my first home I partnered with my sister 2 years ago. We bought at 210 k in the Bay Area and listed for $365k. I'm just wondering what to invest in next for cash flow -single family out of state (what cities?) I been looking into Indianapolis -foreclosures -tax deeds

Good evening I'm selling my first home I partnered with my sister 2 years ago. We bought at 210 k in the Bay Area and listed for $365k. I'm just wondering what to invest in next for cash flow -single family out of state (what cities?) I been looking into Indianapolis -foreclosures -tax deeds