LARGE MULTI HOME GRAND BAHAMA BAHAMAS NO INCOME TAXES

$350,000
5
3
12,000
sq. ft.
$29
per sq ft
Heated sq ft: 12,000 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Business Stay, Couples/Romance
New Construction: Inquire
Days on Vrolio: 292

Property Description

LARGE 12,000 SF HOME , LOCATED FREEPORT, GRAND BAHAMA, 30 MINS FROM FLORIDA, MINS TO BEACH, SHOPPING, FISHING, GOLFING, NIGHTLIFE, 5 BEDROOMS, 3 BATHS, 2 KITCHEN, 2 LAUNDRY ROOMS OFFICE, COMMUNITY POOL, LARGE LOT, WITH OPTION TO LEASE OR BUY ADDITIONAL LOT, OWNER MOVED TO USA TO RETIRE, COMES COMPLETELY FURNISHED PRICE IS FLEX TO SERIOUS INQUIRES

Presented by:
Agent:
charles bodie
charles Bodie
Seller Financing
No
Distress Sale
Short Sale
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
7
Est Value of Furnishings
$75,000
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
RETIREMENT & MEDICAL ISSUES, NEED THE MONEY
Foreign national buyer restrictions from government?
No
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Family Room, Formal Dining Room, Home Office/Den, Living Room, Multiple Master Suites, Pool House, Other
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Wall Unit A/C, Other
Floor Coverings
Real Hardwood, Tile, Other
Security
Yes
Security Description
gated community, remote to security company
Half Baths
3
Master Suite(s)
Inquire
Energy Efficiency
Cool Roof, Low flow faucets/toilets, Skylights
Year built
2008
Outdoor Features
Fenced/Gated Yard
View
City, Ocean, Other
Backyard Exposure
West
Lot Size
the lot is 23,000sf, near boating, beach, fishing, shopping, airport, cruise port, safe community
Community Features
Community Hot Tub, Gated Community, Other
Tax Amount/Year
$100
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Community Hot Tub, Gated Community, Other
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
private parking
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been occupied as a primary residence
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
$14.00
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
$50.00
Electricity (Annual)
$1,200.00
Water/Sewer (Annual)
$50.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$100.00
Homeowner's Insurance (Annual)
$2,000.00
Short Term Rental Insurance Rider (Annual)
$2,000.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$2,000.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

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Effective Gross Rent

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Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

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Cleaning Fees Annually

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Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additional Nightly Insurance Policy ($ per night)

Additional Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

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Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

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Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

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Annual Debt Service

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Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: charles Bodie, 1-242-441-4778

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