Flamingo Ocean View Casa Del Mar
Call to action
This is just placeholder text. Don’t be alarmed, this is just here to fill up space since your finalized copy isn’t ready yet.
If you’re curious, this is Website Ipsum. It was specifically developed for the use on development websites.
Rental Grade
Rentability:
B
Avg. Daily Rate:
B+
Occupancy:
B
Location Grade
Beach:
A+
View:
A+
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Flamingo Ocean View Casa Del Mar Overview
Property Description:
This house is located on the southern ridge on Playa Flamingo, that is around a 5 minute drive from the new marina. The property comes fully furnished and has a view over Playa Flamingo. The property has a pool and is very close to the beach, easily walkable
Using comparable vacation rentals in the area, we’ve assumed that this house can average a daily rate of $750 and an occupancy of 60%. That is in line with the comps of stand alone homes on the southern ridge of Playa Flamingo. Most of the comparable properties in the area are either beach front on the point of the southern ridge which charge unrealistically high average daily rates for a property such as this. This is less of a typical property for this area as it is not a condominium, which is also part of its attraction. These figure present a 6.1% annual return, assuming $10,000 is invested to update some of furniture such as the sofa in the living room. That is a $185,377.50 annual return.