CASA CABO VELA FOR SALE
Model home on Lot 11, Preconstruction Price, 3500 sf, 5 bedrooms, 4
baths,office, ocean and golf course view, 5 min from Playa Grande
$800,000
Click on the rendering to see the full picture
Casa Cabo Vela Projected Return on Investment
NUMBER OF BEDROOMS |
SALES PRICE |
WEEKLY RATE |
ANNUAL INCOME - 20% MANAGEMENT FEE |
MORTGAGE AMOUNT (80% LTV) |
20% DOWN PMT | ANNUAL MTG PMTS | ANNUAL CASH FLOW | ROI |
5 Bedroom Model Home |
$800,000 |
$5000 |
$84,000 |
$640,000 |
$160,000 | $53,200 | $30,800 | 19.25% |
NotesOccupany rates during the high season (Dec through April) will be close to 100% while the rest of the year will be around 50%.
Also acutal rents should be higher.
This is based on the fact that hotels in the area have at least at 50% occupancy for the year.
These are very conservative numbers.
The Mortgage Payments are based on a 30 year loan at 8%.
