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Offer Price

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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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Villa Thotiya

+ 8

Zone

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Panadura, 13 12080

Favorite
$125
3
3
48
sq. ft.
$3
per sq ft
Heated sq ft: 16 sq ft
Avg Nightly Rate: $180
Home Legally Sleeps: 6
Occupancy Rate: 10 weeks
Annual Gross Income : 10000
Annual Net Operating Income : 6000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: No
For Sale By: Owner
Seller Financing: No
Niche: Beach, City Life, Couples/Romance, Nature, Resort, Weddings or Family Reunions
New Construction: Yes
Days on Vrolio: 1706

Property Description

Villa Thotiya is a self-catering accommodation located in Aluthgama. The air-conditioned accommodation will provide you with a seating area with sofa, flat-screen TV and washing machine. There is a fully-equipped kitchen with a microwave and refrigerator. Featuring a bath or shower, private bathrooms come with free toiletries. At Villa Thotiya you will find a garden, barbecue facilities and terrace. Other facilities like grocery deliveries, water sports facilities and laundry facilities are offered. The property offers free parking. Private pool Private parking

Presented by:
Owner:
udara silva
Seller Financing
No
Distress Sale
Short Sale
Seller Financing Terms
Seasonal Nightly Rates
High: 180
Low: 100
Peak: 200
Special Event: 500
Avarage: 180.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
January, February, March, April, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
For my income
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
10000
Net Operating Income
6000
Stories
1
Additional Indoor Rooms
Attached Garage for 3 Cars, Family Room, Formal Dining Room, Living Room, Pool House
Appliances
Electric appliances, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric)
Floor Coverings
Laminate Wood
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
20015
Outdoor Features
Boat House, Garden
View
Beach, City, River/Creek
Backyard Exposure
North
Lot Size
Inquire
Community Features
Bar, Bike Rentals, Clubhouse, Driving Range, Fitness Center, Health Spa, Inside Community, Lake Access, Marina, Media/Business Center, Meeting Rooms, Nature Trails/Walking Path, Ocean Access, Playground, River Access, Tennis Court, Theater, Waterpark
Tax Amount/Year
$500
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Bike Rentals, Clubhouse, Driving Range, Fitness Center, Health Spa, Inside Community, Lake Access, Marina, Media/Business Center, Meeting Rooms, Nature Trails/Walking Path, Ocean Access, Playground, River Access, Tennis Court, Theater, Waterpark
Mandatory HOA
Inquire
Home Legally Sleeps:
6
Onsite Parking
Parking in the garden
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
10
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
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
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
$120.00
Cleaning Fee
$150.00
Licesnes & Permits (Annual)
$890.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$1,000.00
Pool & Spa Maintinence (Annual)
$500.00
Electricity (Annual)
$2,500.00
Water/Sewer (Annual)
$5.00
Cable/Interbet (Annual)
$10.00
Accounting Fee (Annual)
$100.00
Property Taxes (Annual)
$500.00
Homeowner's Insurance (Annual)
$200.00
Short Term Rental Insurance Rider (Annual)
$1,000.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$50.00
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)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

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Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

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

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

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Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

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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