Looking for thoughts on this deal. The Offer sheet has it at:
$499,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $269
Expected Occupancy Rate: 69%
Monthly Expected Income: $5,646
Monthly Expected Expenses: $3,844
Monthly Expected Cash Flow: $1,801
Expected Cash on Cash Return: 17.3%
I've attached the comps dashboard. One good thing about this one is that the comps are terrible! If you put a professional listing up it could break the comp ceiling potentially.