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Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Quaint Lake Burton Cabin - Active Rental

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Clayton, GA 30525

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$199,900
2
1
1,200
sq. ft.
$167
per sq ft
Heated sq ft: 940 sq ft
Avg Nightly Rate: $95
Home Legally Sleeps: 5
Occupancy Rate: 38 weeks
Annual Gross Income : 25000
Annual Net Operating Income : 20000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Couples/Romance, Glamping, Mountain, Nature
New Construction: Inquire
Days on Vrolio: 1406

Property Description

Cute, quaint 2 bed, 1.5 bath (+ outdoor shower) cabin within walking distance to Lake Burton! Cedar shake & board and baton siding, metal roof, oversized 380 sq ft screened-in porch perfect for the whole family. Enjoy the lake without the price, rent a slip at nearby Anchorage marina, stroll through the nearby Timpson Creek Gallery, hike the 14,000 acres of national forest land that the property boarders and enjoy the mountain/lake life! Active AirBNB rental - perfect short-term rental investment opportunity!

Presented by:
Agent:
Cody Stowers
Berkshire Hathaway HomeServices Georgia Properties
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 95
Low: 95
Peak: 95
Special Event: 95
Avarage: 95.00
Furniture Age
10
Est Value of Furnishings
$10,000
Peak & High Seasons
May, June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Moved to a location that is making it harder to manage
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
25000
Net Operating Income
20000
Stories
1
Additional Indoor Rooms
Family Room
Appliances
Dryer, Electric appliances, Full stove, Microwave, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric)
Floor Coverings
Carpet, Real Hardwood
Security
No
Security Description
Half Baths
2
Master Suite(s)
Inquire
Energy Efficiency
Year built
1920
Outdoor Features
Above Ground Spa, Deck, Porch - Not screened, Porch - Screened, Walking Trail
View
Lake, Mountain
Backyard Exposure
North
Lot Size
Inquire
Community Features
Lake Access, Marina
Tax Amount/Year
$900
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Lake Access, Marina
Mandatory HOA
Inquire
Home Legally Sleeps:
5
Onsite Parking
Off street parking available
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$12.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
38
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner, Not in a Management Program
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, VRBO and/or Homeaway profile
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$100.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$2.50
Pool & Spa Maintinence (Annual)
$350.00
Electricity (Annual)
$1,200.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$950.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$900.00
Homeowner's Insurance (Annual)
$1,000.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
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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Management Rental Commission Annually ($)

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Cleaning Fees Annually

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Booking Site Service Fees ($)

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Management Fee Annually

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Additonal 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

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Loan
Down Payment (%)

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Average Monthly Cash Flow

Annual Cash Flow

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Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

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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: Berkshire Hathaway HomeServices Georgia Properties, 6786569062

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