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Registered
Join Date: Jun 2013
Location: Lakeland,FL/Cashiers,NC
Posts: 209
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WD
If I were you I would go on VRBO and do a little research on rates & occupancy. A $250,000 cabin might rent for $800 per week. It would be very difficult to reach $45k in income in an at max 5 month rental window even at 100% (probably more like 50%). I have been on VRBO for 15 years and it does work well (they just got bought by Expedia and are turning what used to be an owner friendly site into a money churning machine !)
Our place in Cocoa Beach rents at about 65% in a year around climate. I actually do quite well compared to others, I net about $12,000 per year. Our taxes and monthly maint fees would be much higher than yours.
Dave
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