BearLake offers a variety of lodging facilities!One of the more popular is "Private Home Rental´s".Many of our clients allow us to manage their Big Bear investment home when they are not using them.Vacation Rental Management companies charge 30% to 40% of the total gross income of the big bear investment properties as their fee.On average, a big bear investment property can expect to rent from 80 to 120 nights a year.Typical nightly rates are $125 and up to over $1,000 per night (lake fronts). On average, a Private Home Rental would rent for about $225.00 per night.This income helps with mortgage, bills and maintenance of your Big Bear investment property.Also, a great tax deduction too!Many of our clients perform a 1031 Tax Exchange; we can help with that too! View our rental management company here and search for homes here.
For more information, please contact us!We will assist you in any questions you may have.Below, please see a few scenarios that one could expect using a 20% down payment on a Big Bear investment property, with a mortgage of 5.00 %, fixed over 30 years. For an interactive spreadsheet, Click Here: Income Spreadsheet
Vacation Rental Breakdown-Enter % (Down Payment) in Line 6
Bob Angilella's Team of Professionals
No. of Bedrooms
2 Bedrooms
2-3 Bedrooms
2-3 Bedrooms
3-4 Bedrooms
3-4 Bedrooms
3-4 Bedrooms
3-4 Bedrooms
3-5 Bedrooms
(Lakefront)
Purchase Price
$175,000.00
$ 225,000.00
$ 275,000.00
$ 350,000.00
$ 400,000.00
$ 475,000.00
$ 600,000.00
$1,000,000.00
Enter Down Payment %
20%
20%
20%
20%
20%
20%
20%
20%
Down Payment
$35,000.00
$45,000.00
$55,000.00
$70,000.00
$80,000.00
$95,000.00
$ 120,000.00
$200,000.00
Amt. Financed
$140,000.00
$ 180,000.00
$ 220,000.00
$ 280,000.00
$ 320,000.00
$ 380,000.00
$ 480,000.00
$800,000.00
Interest Rate
5.00%
5.00%
5.00%
5.00%
5.00%
5.00%
5.00%
5.00%
Term
30
30
30
30
30
30
30
30
Monthly Payment
$751.55
$966.28
$1,181.01
$1,503.10
$1,717.83
$2,039.92
$2,576.74
$4,294.57
Sleeps up to:
up to 4
up to 6
up to 8
up to 8
up to 12
up to 12
up to 12
up to 14
No. ofNights Rented
60 - 100
70 - 120
70 - 120
90 - 140
90 - 140
90 - 140
90 - 140
90 - 140
Average Nights Rented
60.00
70.00
80.00
80.00
90.00
100.00
100.00
120.00
Average Rental Rate
175.00
225.00
250.00
275.00
300.00
450.00
650.00
750.00
Gross Rentals Income
$10,500.00
$15,750.00
$20,000.00
$22,000.00
$27,000.00
$45,000.00
$65,000.00
$90,000.00
Prop Management Fee
35%
$3,675.00
$5,512.50
$7,000.00
$7,700.00
$9,450.00
$15,750.00
$22,750.00
$31,500.00
Yearly Net Income
$6,825.00
$10,237.50
$13,000.00
$14,300.00
$17,550.00
$29,250.00
$42,250.00
$58,500.00
Yearly Mortgage
$9,018.60
$11,595.36
$14,172.12
$18,037.20
$20,613.96
$24,479.04
$30,920.88
$51,534.84
Yearly Profit or Loss
-$2,193.60
-$1,357.86
-$1,172.12
-$3,737.20
-$3,063.96
$4,770.96
$11,329.12
$6,965.16
A vacation rental income property is a "business write off" i.e; all utilities, mortgage, bills, maintenance, etc. can be deducted as an
expense. (Please check with you're Accountant for more information regarding deductions)A small loss still allows you to use the property,
and deduct the loss on taxes.We hope, the property will slowly appreciate over the years, while supplementing the mortgage.
The above schedule is for comparison purposes only. It is not a guarantee of nights rented, or rental rates charged.
Local property management companies should be contacted if potential buyer is interested in putting a property
in a Vacation Rental Program.The above numbers are based on an average rental of 80-120 nights per year.
** Based on 5.00 % mortgage rate 30 yr. Fixed (P & I only)
