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Buying A Home
In Orlando - Sample Costings
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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. |
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Expenditure Vs. Income
Our sample costings about renting a home in Orlando have been generalised for the purposes of the web
site. A more detailed breakdown and explanation of the expenditure and
income are available from us. The figures provided below exclude mortgage costs as
this expenditure is dependent upon rate and amount borrowed.
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5-BEDROOM
HOME PROFIT / LOSS - DENOTED IN US$ |
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Annual Running Costs |
21300 |
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Number of Weeks Let |
10 |
15 |
20 |
25 |
30 |
35 |
40 |
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Rental Income |
8500 |
12750 |
17000 |
21250 |
25000 |
29750 |
34000 |
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PROFIT /
LOSS |
12800 |
8550 |
4300 |
50 |
4200 |
8450 |
12700 |
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4-BEDROOM
HOME PROFIT / LOSS - DENOTED IN US$ |
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Annual Running Costs |
19600 |
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Number of Weeks Let |
10 |
15 |
20 |
25 |
30 |
35 |
40 |
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Rental Income |
7200 |
10800 |
14400 |
18000 |
21600 |
25200 |
28800 |
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PROFIT /
LOSS |
12400 |
8800 |
5400 |
1600 |
2000 |
5400 |
9200 |
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3-BEDROOM
HOME PROFIT / LOSS - DENOTED IN US$ |
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Annual Running Costs |
17800 |
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Number of Weeks Let |
10 |
15 |
20 |
25 |
30 |
35 |
40 |
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Rental Income |
5700 |
8550 |
11400 |
14250 |
17100 |
19950 |
22800 |
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PROFIT /
LOSS |
12100 |
9250
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6400
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3550
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700 |
2150 |
5000 |
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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.
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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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