1430 pine trail term sheet

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  • 8/14/2019 1430 Pine Trail Term Sheet

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    Trails End Ski LeaseContact Info: Ilya Voytov [email protected] (212) 991-8544

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    Address: 1430 Pine Trail, Olympic ValleyDescription:

    http://bookings.alpinemeadows.net/site/Overview/PropertyID__34077/11955/default.aspxVideo walkthrough:http://www.youtube.com/watch?v=3yIqDFs4dR8

    Members: 7; Ilya Voytov, Ilya Fushman, David Weekly, Rachel Masters, DavidFattal, 2 TBD

    Significant Others: 3;Dan Mosedale, Ewa Sturgeon, Valeria Navarrete

    Beds in the house: 1 King, 1 Queen, 2 Twin, large flat couch; sleeps 6 total

    Dates: December 15th - May 15th

    Rent Cost: $1,625 per person or couple

    Guest Fees: Free guests anytime (but please plan it in advance if bringing morethan 1 guest)

    Expected Monthly Utilities: $52/member and $104/couple per month, to beadjusted given actual usageThis is based on very conservative assumptions for gas/electric/spa, I expectactual usage to be lower.

    Deposit: $228/member or $455/couple

    Upfront Payment: $2,000 for single member and $2,375 for couplesThis covers rent, deposit, snow plow, firewood and HD cable/phone/internet

    Move out expenses: $32/member and $64/couple for house and hot tubcleaning

    Total All-in Cost per Weekend: $98/member and $119/couple (21 weekends inthe lease)

  • 8/14/2019 1430 Pine Trail Term Sheet

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    Trails End Ski LeaseContact Info: Ilya Voytov [email protected] (212) 991-8544

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    Estimated Costs:

    Assumptions Source

    Time of Lease 5

    months, Dec 15 -

    May 15Price per month 2,275

    Total rent $11,375

    Gas / mo 250Broker estimate of$150-300

    Electric / mo 200 Last season actual

    Spa Service / mo 70 Broker

    Internet included

    Cable & phone / mo 75 Can't cancel phone

    Utilities / mo $595

    Total utilities $2,975

    Snow Plow $750 Broker

    Dump and scrub hottub $120 Broker

    Cleaning at end $200 Estimated

    Firewood $350 Broker

    Total Misc $1,420

    Total Cost $15,770

    Memo: Total Non-Rent $4,395