Projected Return to Investor Owner - Two Bedroom Beach House
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First Year |
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Second Year |
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Gross Rental
|
|
$20,075 |
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$27,375 |
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Less
|
|
|
|
|
|
Rental Expenses Includes commisions, cleaning, linen, advertising, routine maintenance, Electricity, PABX etc
|
|
6,025 |
|
8,215 |
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Body Corporate Levy
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|
2,500 |
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3,100 |
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Rates
|
|
1,310 |
|
1,375 |
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Insurance
|
|
500 |
|
500 |
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Total Expenses
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|
$10,335 |
|
$13,190 |
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Net Income
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|
$9,740 |
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$14,185 |
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Assumptions:
1st Year of completion: Average occupancy = 55% average tariff = $100 per night
2nd Year of completion: Average occupancy = 75% average tariff = $100 per night
Disclaimer:
Whilst all details have been carefully prepared and are believed to be correct no warranty can be given either expressly or implied by the sellers or their agents. Intending purchasers must rely on their own enquiries.
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