Wears Valley- Financials
I'm in in contract on a 10 acre property off of Wears Valley Road. There are 2 studio cabins and one duplex on the property. I was provided financials for one cabin (I have the other one and they are similar in revenue). My question is do you think there is an additional 12.5% taxes that need to be taken out of the gross revenue to get to net revenue OR is "Total Paid" what the owner received? I see that 3% that goes to AirBnB from Gross earnings. This is 2019 STR revenue:
Thanks for any input/guidance. Trying to figure out actual revenue as a base for returns.