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I have gathered information to give my clients a yearly conservative “estimate” of rental income projections for various sized condominiums located on the beach and based on a 65% annual occupancy rate. This rate is information from Fonatur, the Mexican Agency for the Promotion of Tourism. Please keep in mind that these are ESTIMATES and these rates depend on the amenities provided and the location of the real estate.
SIZE DAILY EXPENSES OCCUPANCY RATES
35% 50%
2 Beds $365 Rental Revenue $46,629 $66,613
Manage Fee 35% $16,320 $23,315
*Assoc. Fee $ 6,023 $ 6,023
Property Tax $ 300 $ 300
Net Income $23,986 $36,975
3 Beds $445 Rental Rev. $56,849 $81,213
Manage Fee 35% $19,897 $28,425
*Assoc. Fee $ 7,192 $ 7,192
Property Tax $ 400 $ 400
Net Income $29,360 $45,196
4 Beds $700 Rental Rev. $89,425 $127,750
Manage Fee 35% $31,299 $ 44,713
*Assoc. Fee $10,428 $ 10,428
Property Tax $ 500 $ 500
Net Income $47,198 $72,109
5 or More $1000 Rental Rev. $127,750 $182,500
Manage Fee 35% $ 44,713 $ 63,875
*Assoc. Fee $ 10,428 $ 10,428
Property Tax $ 500 $ 500
Net Income $72,109 $107,697
*Association fees vary but the average is $3.00 sq. ft.
Property taxes vary but are minimal
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