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.