Invest in Short Term Vacation Rentals Florida

Cash Positive Condo Hotel at Madeira Beach FL

1 Bed 1 b Condo Hotel Min lease 7 days

Annual Revenue $35,000-40,000 ROI 15%

Purchase Price $260,000

Located right across Madeira Beach FL.

Down payment 20% $ 52,000

Projected Annual Income $40,000

Positive Cash Flow $10,000-$11,000 after mortgage and property expenses

Total Annual Expenses $ 22,996

Monthly expenses: $1,183 Mortgage +Taxes $258+Home Insurance $100+$HOA fee $475=$1,916

Management fee 15% $6,000

Annual NET $11,000 $40,000-$22,996-$6,000

ROI: $40,000/$260,000=15%

Cash on Cash Return $11,000/$52,000= 21%

Rental Prices 2019

65-70% occupancy rate on Madeira Beach