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VACATIONRENTALPROPERTYMANAGEMENTPROPOSAL
PropertyAdministration(805)275-1851Ext.3
©PREPAREDBYPARADISERETREATSWORLDCLASSVACATIONRENTALS-www.ParadiseRetreats.com
428CoronaDelMar,SantaBarbara,CA93103
ReportsIncluded:
~IntroductiontoParadiseRetreats~
~ComparativeMarketAnalysis~
~AnnualRevenueForecast~
PreparedFor:VanessaShotwell
Property Management By Experts Worthy of Your Trust®
Paradise Retreats®
World Class Vacation Rentals®
16 East Arrellaga Street Santa Barbara, CA 93101
805-275-1851 Ext. 3
Let Us Help You Maximize Your Property's Potential! Paradise Retreats®, World Class Vacation Rentals®
Established 2006
Why Consider Professional Property Management
For Your Home:
• Freedom for the property owner to enjoy and use property
during vacancies
• Continuous attention to the maintenance and operation of
the property
• Vacation Rentals are the proven best way to maximize cash flow
for your property
• We offer Short-Term & Long-Term rental
management
• We manage both Furnished & Unfurnished
properties
• We pay prompt attention to any professional services the
property needs
• We manage all the preliminary work to prepare your home for success in the rental market
• We promptly respond
to your calls and e-mails
• We handle all the management
of daily, weekly, monthly and yearly rentals of your home
Why Choose Paradise Retreats For Your Property Management:
Website ID# Location Beds Baths Sleeps Ocean Front Pool Spa View Luxury Weekly Weekly
VRBO.com 1220857 Santa Barbara 4 5 10 X X $8,700 $8,700
VRBO.com 1581831 Santa Barbara 5 5 10 X $8,600 $6,000
VRBO.com 382419 Montecito 4 4 12 X $6,700 $5,000
Averages: 4.3 4.7 10.7 $8,000 $6,567
Medians: 4 5 10 $8,600 $6,000
Subject Property: 5 3 10 X TBD TBD
©PREPAREDBYPARADISERETREATSWORLDCLASSVACATIONRENTALS-www.ParadiseRetreats.com
VACATIONRENTALCOMPARATIVEMARKETANALYSIS
HIGH SEASON
LOW SEASON
DATE: 10/24/19
SUBJECT PROPERTY ADDRESS: 428 Corona Del Mar
ParadiseRetreats®WorldClassVacationRentals®
16EastArrellagaStreetSantaBarbara,CA93101
805-275-1851Ext.3
Thisisthesummaryofourresearchintocurrentratesforpropertieswithsimilarcharacteristicstoyourproperty.ThisworksheetcalculatesAveragesandMediansforthepropertieslisted.
Seasonal Rates (High range of rates) Weekly Rate # of Weeks Seasonal Occupancy % Net Revenue
Summer / Holiday $8,900 19 65% $109,915Spring $8,500 6 50% $25,500
Fall $8,500 6 40% $20,400Winter $7,900 21 40% $66,360
Totals 52 50% $222,175($44,435)
$177,740
Seasonal Rates (Low range of rates) Weekly Rate # of Weeks Seasonal Occupancy % Net Revenue
Summer / Holiday $7,000 19 65% $86,450
Spring $6,500 6 50% $19,500
Fall $6,500 6 40% $15,600
Winter $6,000 21 40% $50,400Totals 52 50% $171,950
($34,390)
$137,560Less Management Fee (20%)
Less Management Fee (20%)
©PREPAREDBYPARADISERETREATSWORLDCLASSVACATIONRENTALS-www.ParadiseRetreats.com
VACATIONRENTALANNUALREVENUEFORECAST
DISCLAIMER: These rental and vacancy rates are an educated guess based on comparative market analyis. Actual rates may be lower or higher depending on many factors, including market conditions, property condition, and rental rate adjustments. 12 months of active marketing, property modifications, and rental rate adjustments will determine the actual weekly rates and
vacancy rates.
Net Owner Annual Revenue (Low range of rates):
Net Owner Annual Revenue (High range of rates):
DATE: 10/24/19
SUBJECT PROPERTY ADDRESS: 428 Corona Del Mar
ParadiseRetreats®WorldClassVacationRentals®
16EastArrellagaStreetSantaBarbara,CA93101
805-275-1851Ext.3
Thisisourbesteducatedestimateofthehigh-rangeandlow-rangeofseasonalratesthatwecouldchargefortheproperty.EachrangehasanestimatedOwnerAnnualNetRevenuecalculation.TheNetOwnerAnnualRevenueamountaccountsforvacancyratesandthepropertymanagementfees.