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Look
at the possibilities
We have found that cabins
can often pay for themselves by using rental income
to cover mortgage expenses and monthly bills. Take a look below
at the example of an actual one-year rental history for a two-bedroom
cabin rented with American Patriot Getaways.
This cabin offers many
popular amenities that make it a desired rental.
Gross
Revenue From Cabin Rental 2007
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January
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$3,600.00
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February
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$2,560.00
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March
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$3,200.00
|
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April
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$4,160.00
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May
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$4,630.00
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June
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$4,500.99
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July
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$3,860.00
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August
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$4,889.60
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Sept.
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$3,130.00
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October
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$4,849.70
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Nov.
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$4,319.40
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Dec.
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$2,529.25
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Total
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$47,928.25
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A property owner typically receives 60% of the
revenue generated from renting their property. The owner of this
cabin received $28,757.00 last year in revenue from their
property! That's an average monthly income of $2,396.42,
and all the renting hassles are handled by the staff of American
Patriot Getaways!
To provide a fair earning picture, let's look at costs that go into
owning a cabin. Please keep in mind that all costs are estimated
and provided to us by actual cabin owners. They are in no way a
guarantee of the costs you may incur, but rather an approximation
intended to educate buyers.
Other
Costs Per Month *
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Cable
/ Internet
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$67.00
|
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Phone
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$33.50
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Electric
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120
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Water
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Free
– well
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Insurance
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$125.00
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Tax
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$25
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Pest
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$15
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Linen
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$20.83
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Total
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$406.33
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Average
monthly income $2,396.42
Subtract Average monthly costs ($406.33)
Left
for mortgage payment $1,990.09
Popular
Amenities
Popular amenities help a cabin rent more often and generate more
income for owners. All amenities are listed on the American Patriot
Getaways website, and customers can compare one cabin with the next.
The cabin used in our example offers these amenities:
Hot tub
Pool table
Jacuzzi tub
Stone fireplace
Sleeper sofa
King size bed
Log railings
All of these amenities
are offered by Big Sky Construction, and are already included in
most of our floor plans.
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