ASWIN SURI
Daytona Beach Real Estate
386-383-3000
Menu
Real Estate School: Now Recruiting Agents! Learn More
386-383-3000

Florida Luxury Homes For Sale / Featured Listings Grouped By Price /  

Featured Hotels

NEXT
PREV

Choice Flagged Fully Renovated HOTEL

 

 

 


 

56 ROOMS
2 BR,1 KITCHEN, 1 BATH APT OWNERS' S APT WHERE 2 FRONT DESK PEOPLE LIVE IN.
REPORTABLE INCOME - $475,255.47
CASH (ledger in safe) $49,256.58

TOTAL INCOME = $524,512.05


EXPS

6,00.00 Booking Fees; ie Expedia, Booking.com, etc
2,274.00 ELEC
1,247.00 WATER & SEWER
170/MO GARBAGE 10 CUBIC YD
1,072.00 PHONES & INTERNET
212.00 PEST
400.00 BREAKFAST
200.00 REPAIRS/MAINT (in-house handy man; lives on site)
PROP TAXES. 1167/mth
INS; 1037/mth
1,692.00/MO CHOICE FIXED ANNUAL
400.00/MO GAS-TECO
1,200 TOTAL PAID TO FRONT DESK STAFF (2) 8PM-8AM 2 PPL SPLIT AND LIVE ONSITE
3,000 MGR IS PAID; HES ALSO A CO-OWNER 8AM- 8PM 7 DAYS
450 CASH MONTHLY HANDY MAN WHO STAYS IN UNIT 128
900/MO FOR 2 CLEANERS. $3/RM $2/RM FOR STAY-OVERS

JAN-APR NEED 3 CLEANERS DUE TO SEASON INCREASE
APPROX 11-25 WEEKLYS GET RM SERVICE 1/WK
THEY CHARGE 289+TAX FOR WEEKLIES

Total exps = $13,021 per mth or $156,252/yr

Net income = $524,512.05 - $156,252 = $368,260.05

SALES PRICE = $2,100,000

CAP = 18%

 

 

 


 

 





All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association of REALTORS (updated 5/26/17) , My Florida Regional MLS (updated 5/26/17)
FANTASTIC BARGAINS
LISTING SEARCH
Site Keyword Search
Search Ideas: MLS#, # of bed/bath, city, homes, condos, land, commercial, view, frontage, foreclosure, 1031, luxury, restaurant, hotel, lease
BUYERS AND SELLERS:
SIGN UP FOR FREE INFO:
  • New Listing Alerts
  • Foreclosure and hot deals
  • Market value of your home
  • Excellent rates on mortgages

SHARE THIS PAGE


 
 
 
 
Contact Us
ADDRESS
 
 
 
PHONE
EMAIL
Aswin Suri Real Estate
552 N Oleander Ave
Daytona Beach, FL 32118
 
386-383-3000
©2017 by Aswin Suri - all rights reserved. | Privacy Policy | Daytona Beach Foreclosures
Site Map