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 Buying A Home In Orlando - Sample Costings


 

Buying a home in Orlando is not for the fainthearted. What you are proposing to do is a big step and should not be entered into lightly. Therefore, before buying a home in Orlando or Florida, it is imperative that you cost out your expenditure against projected income. By so doing you will be able to determine reasonably accurately how many weeks rental you'll need just to break even. 

 

Expenditure Vs. Income
Our sample costings on renting a home in Orlando have been summarised for the purposes of the web site. A more detailed breakdown and explanation of the expenditure and income are available from us. The figures below exclude mortgage costs as this expenditure is very much dependent upon the prevailing rate and the amount borrowed.


 5-BEDROOM HOME PROFIT / LOSS  -  DENOTED IN US$
               
 Annual Running Costs

20700

               
 Number of Weeks Let

10

15

20

25

30

35

40

                 
 Rental Income

8500

12750

17000

21250

25500

29750

34000

                 
 PROFIT / LOSS

12200

7950

3700

550

4800

9050

13300

                 
                 
 4-BEDROOM HOME PROFIT / LOSS  -  DENOTED IN US$
                 
 Annual Running Costs

19200

 

 

 

 

 

 

                 
 Number of Weeks Let

10

15

20

25

30

35

40

                 
 Rental Income

7200

10800

14400

18000

21600

25200

28800

                 
 PROFIT / LOSS

12000

 8400

4800

1200

2400

6000

9600

                 
                 
 3-BEDROOM HOME PROFIT / LOSS  -  DENOTED IN US$
                 
 Annual Running Costs

17640

 

 

 

 

 

 

                 
 Number of Weeks Let

10

15

20

25

30

35

40

                 
 Rental Income

5700

8550

11400

14250

17100

19950

22800

                 
 PROFIT / LOSS

11940

9090

6240

3390

540

2310

5160

                 
                 

Further Information
If you are serious about buying a home in Orlando and would like a detailed breakdown of the running costs and rental income shown above, these are available from us upon request. If you would find 'ball park' mortgage repayment figures useful we can provided these also. All these figures are available on an Excel spreadsheet. Space has been provided to insert mortgage repayment figures and when inserted the 'Profit/Loss' figures will automatically adjust accordingly thus providing a more relevant breakeven analysis. For further information on costs and for a copy of the Excel spreadsheet, then please contact us.
 

  If you are still convinced that buying a home in Orlando is for you, you will be pleased to learn that there are some hidden profit elements not included in the above figures as these are dependent on bookings and customer choice. Further details concerning this income is available from us upon request.  Please contact us.  
 
                 
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