INCOME/EXPENSE CASH FLOW ANALYSIS

EXAMPLE: Cost of fully furnished new home with heated pool = $345k.

INCOME                                                                                  per month (approx.)

$1100/wk, * assume 75% occupancy rate                                                $3530

*This is a conservative estimate since management companies in the area all indicated rents for vacation homes will increase

EXPENSE                                                                                 per month (approx.)

Mortgage payment with 20% down (at 5% interest only program)            $1160

Property tax                                                                                         $280

Management fee                                                                                   $150

House cleaning (assume 4 cleanings per month)                                      $320

Home owner association fee                                                                 $150

Maintenance fee for lawn, pool, pest control                                           $200

Utility: water, gas, electricity, cable, phone                                             $300

Insurance                                                                                          $50

$2610                                            $920

NET