Joha Hope is considering buying cabin (named Enotab) in the Blue Rdage Moantains to use as an to use a property managet to overnete the property, advertike it, handle all customen and eimply pay him a portion of the perceceds. De. Hope plans to put 10% down and finance it for 20 years. He epplored various losen opolans and found that his lonn ruve would be 3.5%. Other conts be expets orer the year would be - HOA $200 per quarter - Blectidity 5130 per month - Insemet/Cable 580 per manth - Propane Gas $500 per year +$72 Anaual ank Renul fee - Property Trues asd Insurance 15% of the morgege paymes - Par Control 5167 per quater - Overill Opcrations and Maintenance 12% of revenoe per month Mm Cabins alog chapger bookling fees and deaning foes to the cuatsence but this does not noed to enter into yous calculations.) To get a sense of trvenues, Dr. Hope has gethered the dita on the seoond page of this autignent By nuning a megretsioe model, you eas predict the rot he can charge per night. Aswume for January rate over the year (co 6%% of the nighta will be nentros. (Do noe foget to coonider that different eonthe have a differen \# of dys) You need to cteate a model that shows De. Hope hin insome per month for a fill year and then the whenitied by end of day ca Monday, Nowember 6, 2023 via Blactiliound. Joha Hope is considering buying cabin (named Enotab) in the Blue Rdage Moantains to use as an to use a property managet to overnete the property, advertike it, handle all customen and eimply pay him a portion of the perceceds. De. Hope plans to put 10% down and finance it for 20 years. He epplored various losen opolans and found that his lonn ruve would be 3.5%. Other conts be expets orer the year would be - HOA $200 per quarter - Blectidity 5130 per month - Insemet/Cable 580 per manth - Propane Gas $500 per year +$72 Anaual ank Renul fee - Property Trues asd Insurance 15% of the morgege paymes - Par Control 5167 per quater - Overill Opcrations and Maintenance 12% of revenoe per month Mm Cabins alog chapger bookling fees and deaning foes to the cuatsence but this does not noed to enter into yous calculations.) To get a sense of trvenues, Dr. Hope has gethered the dita on the seoond page of this autignent By nuning a megretsioe model, you eas predict the rot he can charge per night. Aswume for January rate over the year (co 6%% of the nighta will be nentros. (Do noe foget to coonider that different eonthe have a differen \# of dys) You need to cteate a model that shows De. Hope hin insome per month for a fill year and then the whenitied by end of day ca Monday, Nowember 6, 2023 via Blactiliound