Studio rental income: Average daily rental rate: $128 Average off-season occupancy: 78% Profit after expenses and taxes per year: $13,907 (14%)
*Property sale costs and taxes are calculated individually and depend on various factors. General costs and taxes: Notary fee: 1% (split 50/50 with the buyer) Property sale tax: 11% (split 50/50 with the buyer)
Property Ownership Terms: Installment Plan: 30% Down Payment Management Company: Farsight Management Land and Property Ownership Type: 30-year Leasehold + 20-year Extension Construction Completion Date: Q2 2026