Riverfront Montana Log Cabin w/ Mountain Views!
$1,200,000
target home price
$120,000
cost per share
$517 / mo
estimated costs
$0 / mo
monthly income
CASH AT CLOSING PER SHARE
|
Down Payment
$24,000
|
Closing Cost
$4,200
|
Reserve Fund Deposit
$7,800
|
Total Cash at Closing
$108,000
|
Details
Nestled in the scenic wilderness of Melrose, this peaceful 3-bedroom, 2.5-bath vacation rental is the perfect home base for all your Montana adventures. Enjoy your days hiking, fishing, hunting, or simply soaking in the serenity of the great outdoors. In between excursions, share a home-cooked meal with loved ones at this spacious abode. Curl up by the wood-burning stove or the Smart TV to relax and plan the next day's activities. Bring the whole family — pets too — for a memorable vacation!
House Usage
- 10 shares total
- weeks a year per share
About the Organizer
Remington Carlson is a business owner, entrepreneur and real estate investor. He is a full time remote worker and proud husband and father of four. He served in the U.S. Navy for 11 years as a Nuclear Submarine Officer and is a University of Utah grad. When he's not working, you can find him adventuring in the mountain wilderness of Montana, one of his favorite places to explore.
Amenities
- Fire place
- Porch
- Waterfront
House Rules
- Pets allowed
- Firearms allowed
- No short term renting
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Calculated Costs per Share
CASH AT CLOSING PER SHARE
|
Down Payment
$24,000
|
Closing Cost
$4,200
|
Reserve Fund Deposit
$7,800
|
Total Cash at Closing
$108,000
|
This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.
Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.
ESTIMATED MONTHLY EXPENSES PER SHARE
|
Insurance/Taxes
$52
|
Repairs
$60
|
Maintenance
$220
|
Utilities
$35
|
Cleaning
$100
|
Plum Subscription
$50
|
Total Expenses
$517
|