[Christien]

Here's an example scenario of #s I've been looking at for a vacation rental:

$300K purchase price, $100K down, $200k @ 5% paid out over 2-3 years
$1500/week high season, $1100/week mid season, $800/week low season.

The real question mark is how many weeks of the year can it be rented out? Is 40 weeks unreasonable? From what I've read, there are 12 high season weeks that are easy to rent, so $1500 x 12 = $18000. Maybe another 12 mid season weeks @ $1100 = $13200. So that leaves 28 weeks, less 2 weeks for maintenance @ $800 = $20800. That totals $52000 gross, which would represent about 17.5%, and that's where I'd need to be. That's best case scenario. What I'll need to figure out is what a realistic scenario is.