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Original Message:

Re: Timeshares is good investment or not. (by Mike N.):

howardg19 wrote:
We paid $42,000 for Harborside Resorts at Atlantis Timeshare--2/2 for high season ( platinium ).

Maintenance was $1300 and we rented it for $5500 over Winter break week.

Therefore, we neted $4200 last yr. = 10% cash on cash return.

So assuming you paid cash for your unit and not taking into account loss of earnings on the $42K, it will take you 10 years to break even. Of course, hopefully when it comes time to sell your unit, you'd be able to recoup some or all of your original purchase price.