Embed Size (px)
Citation preview
SHORT TERM RENTALUSE YOUR VACATION HOME AS INCOME OPPORTUNITY
Offset ownership costs with income from short term rental
Own a vacation home you can always enjoy and make memories with friends and family year round, and make it work for you when you are not using it.
Take advantage of short term rental revenue to offset additional expenses such as HOA dues, routine maintenance, and even boat slip fees!
Make managing a vacation rental simple and seamless. Use AirBnb, VRBO, or any service you prefer.
thereserveatholidaylanding.com
$ 1 , 0 0 0 $ 1 , 5 0 0 $ 2 , 0 0 0 $ 2 , 5 0 0 $ 3 , 0 0 0
J A N
F E B
M A R
A P R
M A Y
J U N
J U L
A U G
S E P
O C T
N O V
D E C
rented 0 days
rented 0 days
rented 9 days
rented 9 days
rented 15 days
rented 15 days
rented 15 days
rented 15 days
rented 9 days
rented 9 days
rented 6 days
rented 0 days
Conservative Short Term Rental Income
$ 1 7 , 0 4 3 / yea rC O N S E RV A T I V E I N C O M E T O T A L $ 1 , 4 2 0 / month
Purchase Price
Down Payment %
Down Payment $
Loan Amount (1st mortgage)
Total Loan Amount
Interest Rate (1st)
Loan Term – months (1st)
L O A N D E T A I L S
Principal & Interest (1st)
Property Taxes
Homeowner’s Insurance
Mortgage Insurance (MI)
HOA
Total Monthly Obligation
Base Loan Amount
Total Needed to Close
M O N T H L Y O B L I G A T I O N S
$ 4 2 9 , 9 0 0
1 0 %
$ 4 2 , 9 9 0
$ 3 8 6 , 9 1 0
$ 3 8 6 , 9 1 0
4 %
3 6 0
S C E N A R I O 1
$ 3 2 5 , 0 0 0
1 0 %
$ 3 2 , 5 0 0
$ 2 9 2 , 5 0 0
$ 2 9 2 , 5 0 0
4 %
3 6 0
S C E N A R I O 2
$ 1 , 8 4 7 . 1 7
$ 3 1 4
$ 7 5
$
$ 1 6 0
$ 2 , 3 9 6 . 1 7
$ 3 8 6 , 9 1 0
$ 4 2 , 9 9 0
$ 1 , 3 9 6 . 4 4
$ 2 3 7
$ 7 5
$
$ 1 6 0
$ 1 , 8 6 8 . 4 4
$ 2 9 2 , 5 0 0
$ 3 2 , 5 0 0
$ 2 6 5 , 0 0 0
1 0 %
$ 2 6 , 5 0 0
$ 2 3 8 , 5 0 0
$ 2 3 8 , 5 0 0
4 %
3 6 0
S C E N A R I O 3
$ 1 , 1 3 8 . 6 4
$ 1 9 4
$ 7 5
$
$ 1 6 0
$ 1 , 5 6 7 . 6 4
$ 2 3 8 , 5 0 0
$ 2 6 , 5 0 0
Loan Scenarios
