|
|
|
|
|
Click on cabin packages for information.
|
|
|
|
|
Double Play Only $29,290.00 each
|
|
|
|
Double Play:
2-cabins 12x24/sleeps up to 6
|
|
Standard Features Include:Bathroom with Stall Shower (with door), Toilet & Sink, Pantry,Kitchen with Double Sink, 3 Burner Range Top, Under Counter Refrigerator 3 Windows with Screens Curtains & Blinds, (choice of 3054, 3040 or 3021)1 - 14" X 21" Bathroom Window with Screen & Curtain,Sleeping Loft w/ Ladder, 6' Screened Porch with Cedar Cottage Door & Screened Door, Clothes Rod & Shelf, 20 Gal Electric or 10 Gal Gas Water Heater, Ceiling Fan,11' X 9 '6" Bedroom or 11' X 11' 6" Bedroom and Ceiling Fan.
|
|
|
Double Play Unit Base Price
|
$24,195.00 ea.
|
|
Two dormers and a stair
|
$1,900.00
|
|
40,000 BTU gas furnace
|
$595.00
|
|
Upgrade to gas hot water heater
|
$225.00
|
|
Dining table W/ 4 chairs
|
$600.00
|
|
Cedar full bed
|
$550.00
|
|
Pocket door
|
$175.00
|
|
Entertainment center W/ T.V.
|
$800.00
|
|
Cedar nightstand
|
$250.00
|
|
Option Total
|
$5,095.00
|
|
Base and option total
|
$29,290.00
|
|
Freight
|
$2,850.00
|
|
Subtotal
|
$32,140.00
|
|
Document Fee
|
$64.00
|
|
Grand Total
|
$32,204.00
|
|
|
|
|
Building cost & delivery:
|
# of Units:
|
Price of each:
|
Total cost of units:
|
|
Double Play
|
2
|
$29,290.00
|
$58,580.00
|
|
Total cabins/delivery
|
Freight
|
$2,850
|
$61,430.00
|
|
Local tax
|
5%
|
$1,209.75
|
$ 2,419.50
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$33,349.75
|
$63,849.50
|
|
|
|
|
|
|
|
Infrastructure cost:
|
# of Sites:
|
Cost per site:
|
Total cost :
|
|
Power hook up
|
2
|
$75.00
|
$150.00
|
|
Water hook ups
|
2
|
$10.00
|
$20.00
|
|
Sewer/Septic hook up
|
2
|
$25.00
|
$50.00
|
|
Deck and/or stairs
|
2
|
$2,000.00
|
$4,000.00
|
|
Picnic table
|
Gas grill
|
Hot tub
|
$ your choice
|
|
Landscaping & skirting
|
2
|
$250.00
|
$500.00
|
|
Total:
|
|
$2,360.00
|
$4,720.00
|
|
|
# of Cabins:
|
Nightly Rate:
|
Nights Rented:
|
Total Income:
|
|
2
|
$100.00
|
120x2=240
|
$24,000.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
On going yearly expenses:
|
Per Year:
|
|
|
|
Registration fees
|
$ 175.00
|
aprox.
|
|
|
Insurance on unit
|
$360.00
|
$30.00 mo.
|
|
|
Utilities
|
$600.00
|
$50.00 mo.
|
|
|
|
|
|
|
|
Maintenance repairs
|
$200.00
|
|
|
|
Cleaning Units
|
N/C first 2 yrs
|
$1,800.00 yr/per unit
|
|
|
Total Expenses
|
$1,335.00 x 2
|
=$2,670.00
|
|
|
|
|
|
SUMMARY
|
|
|
|
|
|
|
|
|
|
|
|
x x x x x x x x
|
|
|
|
Cabins/delivery/tax
|
$61,859.00
|
|
|
|
|
|
|
|
|
|
|
Site Costs:
|
$ 4,730.00
|
|
|
|
|
Total:
|
$66,579.00
|
|
|
|
|
Down Payment:
|
$13,315.80
|
Mortgage Amount:
|
$53,263.20
|
|
|
|
|
Monthly Payment
|
$ 636.50
|
*Pymt may vary
|
|
|
|
x x x x x x x x
|
|
|
|
|
|
Rental Income:
|
$24,000.00
|
|
|
|
|
Debt Service:
|
$ 7,638.00
|
=$ 9,958
|
|
|
|
On going yrly expences:
|
$ 2,320.00
|
|
|
Return on Investment:
|
86.48%
|
Net Cash Flow:
|
$14,042.00
|
|
|
Loan at 10% interest 10%down
|
80% loan to value/10yrs
|
|
|
|
|
|