With a 5% vacancy and a 32% expense ratio (without looking at the property) the model projects a healthy Standalone DSCR of 1.21x.

Cashflow increases your lifestyle.

That's a good example of a 'healthy' mortgage market albeit fairly astonishing that banks would consider the revenue data accurate and consistent enough to lend on.

In most markets owning a B&B is a lifestyle choice.

When we underwrite our F&F's, the guidelines are in place to make sure you have a healthy profit margin so if we see anything glaring that should be re-considered we can walk through that in order to make sure everything make sense before proceeding. 

@Graeme Wright, Hoping you and your family are staying safe and healthy during these uncertain times.

Is the property healthy and easy to manage? 

Typical cosmetic (lifestyle) upgrades we do are better/more LED lighting, dimmers, flooring, paint, trim, solid wood door slabs in place of the hollow core etc.

Both are attracting attention for their affordability, growth potential, and appeal to new residents looking for a quieter lifestyle.

I think the business has changed and there is pushback against the traditional commission structure, and I think that's healthy.