The Plaza Costa del Este Cost to Own |
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| Sales Price | $236,192 |
| 35% Down Payment | $ 82,667 |
| Mortgage | $153,524 |
| P&I on Mtg. (7.5 % 30 Year fixed | $ 11,514 |
Approximate Occupancy Rate 50% = 182 days |
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Approximate Yearly Income $200 X 182 = |
$ 36,400 |
| Deduct 15% for Management fees & Marketing |
$ 5,460 |
| Deduct 35% for Operational Expenses |
$ 12,740 |
| Deduct 30% (Management Company) |
$ 5,460 |
| Deduct Mortgage Payments | $ 11,514 |
| Anticipated Positive Cash Flow | $ 1,226 |
Approximate Occupancy Rate 73% = 266 days |
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| Approximate Yearly Income $200 X 266 = | $ 53,200 |
| Deduct 15% for Management fees & Marketing | $ 7,980 |
| Deduct 35% for Operational Expenses | $ 18,620 |
| Deduct 30% (Management Company) | $ 7,980 |
| Deduct Mortgage Payments | $ 11,514 |
| Anticipated Positive Cash Flow | $ 7,106 |
Approximate Occupancy Rate 85% = 310 days |
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| Approximate Yearly Income $200 X 310 = |
$ 62,000 |
| Deduct 15% for Management fees & Marketing |
$ 9,300 |
| Deduct 35% for Operational Expenses |
$ 21,700 |
| Deduct 30% (Management Company) | $ 9,300 |
| Deduct Mortgage Payments | $ 11,514 |
Ask your accountant for a detailed list of all write off capabilities. |
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