What kind of rental income can one expect in a year? Is there an association? if so monthly dues?

Asked by Dee, California Sat Jan 3, 2009

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This question is about this property: http://www.trulia.com/property/1062596838-7580-North-Lake-Bl…

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A, , Tahoe City, CA
Fri Jan 9, 2009
Hello Dee,
This condominium is in the waterfront complex know as Heritage Cove and it does have a homeowners assn. which cares for the grounds, exterior maintenance of the units plus insurance. It does have a on site manager and rental agent. The HOA fees are $305/month. Most of the rentals are during the summer in the range of $1400/week and and the manager indicates they normally get 6-8 weeks of rentals during the summer. Hope that answers your questions, but please contact me directly if you have any others.
Regards,
Al Colhoun
Prudential California Realty
al@alcolhoun.com
http://www.tahoehometalk.com
http://www.AlColhoun.com
530-583-1442
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