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Villas Viscaya at
Paradise Bay...
A Private, Gated
Residential Sub-Division |
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Rental Income Projections... |
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Annual Rental Revenue
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20%
Occupancy
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40%
Occupancy
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60%
Occupancy
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Rental Days per Year |
365 |
365 |
365 |
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Owner Occupancy |
90 |
90 |
90 |
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Max. Days Villa can be Rented |
275 |
275 |
275 |
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Actual Rental Days |
55 |
110 |
165 |
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Nightly Rental Rate |
$150 |
$150 |
$150 |
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Gross Rental Income |
$8,250 |
$16,500 |
$24,750 |
Property Management
Fee (15%)
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$1,237 |
$2,475 |
$3,712 |
Net Rental Income
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$7,013 |
$14,025 |
$21,038 |
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Annual Rental Expenses
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20%
Occupancy
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40%
Occupancy
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60%
Occupancy
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Home Owners Association |
$576 |
$576 |
$576 |
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Water |
$50 |
$75 |
$100 |
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Electricity |
$1,000 |
$1,250 |
$1,500 |
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Housekeeping |
$900 |
$900 |
$900 |
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Maintenance |
$1,000 |
$1,200 |
$1,400 |
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TV/Internet |
$1,200 |
$1,200 |
$1,200 |
Projected Gross Annual Expense
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$4,726 |
$5,201 |
$5,676 |
Net Annual Rental Income to Owner
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$2,287 |
$8,824 |
$15,362 |
Net rental income projections are provided for
illustration and example purposes only and should
not be construed as actual income. Examples used
include owner occupancy of 90-days per year; any net
income would increase or decrease in proportion to
actual owner occupancy and the number of actual days
unit is available for rent. Owner is free to rent
out unit without hiring the services of a property
manager. Also you can contact
Rica Nica Travel and Tourism
for complete management services.
Marieke |
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