Buying A Vacation Rental
Lifty Life
AUGUST 29, 2022
Whistler studio condo “ The Après ” purchased in 2014 Property Value $185,000 Gross Income $52,000 Operating 35% Vacancy 21% Net Income $26,702 Cap Rate 14.43% Pro Tip : calculate if the property would be profitable as a long term rental. In the long term rental industry a 4 – 12% cap rate is considered good.
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