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The first step is to make sure how many peak weeks there are during the year. For example, if there are 12 weeks of high season then you should charge very similar to one month of the mortgage plus however 30 to 35% to disguise other costs such as bills, insurance, taxes, and cleaning expenses. This will give you a good idea of what the break even price are usually. Next find out how much your competitors are charging and find out if usually are making as much as this amount on their rentals. Should then the exact property should manifest as a safe money.
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