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All Forum Posts by: Sriram Gonu

Sriram Gonu has started 1 posts and replied 4 times.

I got a quote back from Insurance and it turned out to be 13k 

The owner sent us screenshots of water bill and mentioned no one is staying in the units as they rehabbed them and that the reason water bill maybe low

After going through the Airdna export CSV Data the Avg is around 150k 

45k for 2 bed 2 bath 

30k for 1 bed 1 bath 

Ran through the number again one more time last night and i see the numbers are super tight. Followed enemy method and data export for 2 bed and 1 bed in the area and showed 144k in revenue for 50 Percentile. 

we have accounted for $1500 in utilities per month as Internet can be spread across one location with Mesh WI-FI

@NAP @Michael Baum Any of you available for a quick call? 

@Napoleon DeCiutiisundefined

Taxes $2,115 subject to change

Good point on the cleaning fee

Self Manage -- have about 11 STRs now

Hello Team

I am struggling with some numbers here and would love to hear your feedback about the deal with are In-contract.

Location: Panama City, FL

Unit mix: 2 2bed 2 bath units, 2 1bed 1 bath units

Purchase Price : 920k

Insurance : 8k / year

Utilities: Waiting to hear back from Seller

Airdna Revenue: 180k/Year

Anything else i am missing as far as Expense? What are your thoughts on the Deal

Thanks

Ram