Year Built: 2007
Type of Property: Residential condominium
Living Area (Square Meters): 110.5
Address: 3250 NE 1st Ave Apt. 516, Miami, FL
Type of Rent: Short term rentals through Aribnb and comparable
Projected Occupancy: 70%
Gross Rent Year 1 $74,429
Gross Rent per Month $6,202
Monthly Costs -$3,347
Integrity Income Management Fee (20%) -$1,240
Property Taxes -$720
Insurance -$133
Utilities -$190
Home Owners Association -$980
Maintenance & Repairs -$83
Income Tax -$218
- -
Net Rent Year 1 $31,650
- -
Total Investment $633,000
Property's Net Value $600,000
Maintenance Reserve (1%) $6,000
Closing Costs (1.5%) $9,000
Acquisition Fee (3%) $18,000
Expected Yield 5.0%

Tokyo

Tokyo is the capital of Japan.

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