Nice and hard work! I think this building is close to the mall. How much for the renovation? The profit margin is quite slim, according to a lady's blog. If you don't have a mortgage, you got a cash flow at 5-6%? Would be nice to talk about this. Airbnb charges a lot of fees.
Everything included, the total is $65,000. The net profit margin is currently about 6% ROI. but it tends to increase over time. This margin is after Airbnb takes its fee and is calculated before income tax. Income tax varies, so please consult with your CPA for specific details. Mahalo,
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