Thursday, July 7, 2011

Windsor Hills 6 BR vacation home at 2638 DAULBY ST

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RIO example below.... call for more details.


Global Resort Homes



Windsor Hills


















6 BR Home



Rental Fee






$50,341



Owner Rentals






$2,710



Total Revenue






$53,051












Less Commissions









Commission






$9,968



Total Commission






$9,968












Expenses









Management Fee






$1,800



Monthly Pest Control






$240



Monthly Pool and Spa






$1,140



Annual Licenses






$213



Cable






N/A



Telephone/Internet






$900



Electric (Net of Pool Income)






$7,200



Deep Cleans/Carpets






$600



Misc Maint./Household Items






$1,400



Water






$700



Net Cleaning-Non Taxable






$2,220



Credit Card Fee






$486









$16,899


















$26,184












Rates:


















Windsor Hills






6 BR Home



Holiday






$378



Peak






$339



Off-Peak






$313












Windsor Hills/Reunion






6 BR Home



Holiday






$234



Peak






$204



Off-Peak






$183












Assumptions:









60% occupancy for Windsor Hills Homes (50% wholesale and 50% retail)

50% occupancy for all other communities (50% wholesale and 50% retail)

15% commission on Tour Op bookings and 30% commission on Retail bookings

7 nights holiday rates retail and 7 nights holiday rates wholesale









Homeowner getting 14 nights of bookings based on peak wholesale rates


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