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Updated almost 7 years ago on . Most recent reply

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Jacob Hinchman
  • Navarre, fl
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Short Term Vacation Rental

Jacob Hinchman
  • Navarre, fl
Posted

Hello,

I am looking at buying a vacation rental condo in Navarre, FL. My plan is to list it on AirBnB, etc. I have been using AIRDNA to get occupancy and rental amounts.  Is there a better way to do this for short term rentals?  This will be a long distance rental.  Does anyone have a good cleaning and maintenance service in Navarre? Also, are there things I need to be careful about like prohibited short term rentals?  Finally here are the numbers I have been using. Does this seem like a sounds deal?

3500 rental income, 

renter pays sales taxes and cleaning fee

1550 mortgage, 550 HOA, 250 prop tax, 100 insurance, 100 electricity, water and trash included, 200 Capx/repairs,

2750 total expenses

month cash = 750

Thanks

Jake

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