Rental Management
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Rental Income
Many of our owners who are too busy to live full-time in paradise or who want to have their investment working for them, participage in our Rental Pool Program. February Point offer the service of overseeing the respectful rental of private villas.
In addition, our villa rental guest services include daily housekeeping, grocery shopping, shuttle to town as well as vacation planning to help guests enjoy the island to the fullest during their stay.
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DESCRIPTION |
40%
Occupancy |
50%
Occupancy Owners |
60%
Occupancy Average |
| 3
BEDROOM |
GROSS REVENUE |
218,400 |
273,000 |
327,600 |
(Average
Rate $1,500 per night)
Management Fee @ 25% |
(54,600) |
(68,250) |
(81,900) |
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NET
REVENUE |
163,800 |
204,750 |
245,700 |
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CARRYING
COSTS: |
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Villa
Expenses |
8,411 |
8,411 |
8,411 |
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Common
Amenities |
2,659 |
2,659 |
2,659 |
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Insurance |
13,440 |
13,440 |
13,440 |
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Utilities |
9,600 |
10,560 |
11,616 |
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Other |
2,616 |
2,878 |
3,165 |
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Maid
Services/Sundries |
5,688 |
6,257 |
6,883 |
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TOTAL
CARRYING COSTS |
42,414 |
44,204 |
46,174 |
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NET
ANNUAL REVENUE |
121,386 |
160,546 |
199,526 |
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| 2
BEDROOM |
GROSS REVENUE |
163,800 |
204,750 |
245,700 |
(Average
Rate $1,125 per night)
Management Fee @ 25% |
(40,950) |
(51,188) |
(61,425) |
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NET
REVENUE |
122,850 |
153,563 |
184,275 |
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CARRYING
COSTS: |
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Villa
Expenses |
6,308 |
6,308 |
6,308 |
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Common
Amenities |
2,659 |
2,659 |
2,659 |
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Insurance |
10,080 |
10,080 |
10,080 |
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Utilities |
7,200 |
7,920 |
8,712 |
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Other |
2,376 |
2,614 |
2,875 |
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Maid
Services/Sundries |
4,266 |
4,693 |
5,162 |
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TOTAL
CARRYING COSTS |
32,889 |
34,273 |
35,796 |
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NET
ANNUAL REVENUE |
89,961 |
119,289 |
148,479 |
*Projections
based on market conditions as of May 2007.
Developer does not guarantee returns.
Nothing contained in this material shall
be construed as an offer to residence
of any state where such is prohibited
by applicable law. Market conditions,
prices, plans, and specifications are
subject to change without notice. |
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Contact Us
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