Orlando Real Estate Blog | Sellers Education Library | Team Donovan | Page #395


Below are the actual numbers for a 6 bedroom Vacation Villa in the Solterra Resort. 

2015 Rental Revenue - $54,260.35
15% to Management for bookings  + 12% Sales and Hotel Tax = $40,586.74

Expenses

Electric - average $400 per month = $4,800 per year

Water - average $160 per month = $1,920
Cable TV - included in HOA fees
Wireless Internet and phone- $70 per month = $840
Management Fee - $275 per month = $3,300 per year -includes management, pool cleaning, pest control
Cleanings - 40 cleaning @ $120 = $4,800 Property Insurance = $1,500
Taxes - $7,800 includes CDD fees
HOA Fees - $2,000 per year

Total Operating Costs = $26,960.00

Total Net Revenue = $ 13,626.74 per year ( keep in mind that your Net Revenue would increase if you had the desire…

The January Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

South facing pool is a great asset to this home, in addition to the two master suites both with direct access and views of the pool and spa area. The kitchen and family room combo gives this area a very open yet comfortable feeling. You are also just a short walk away from enjoying the views and boat ramp access of the natural fresh water of Tower Lake. The community also has guarded gate which provides extra security to residents and guests.

Asking Price $194,950


If location is everything then Lake Buena Vista Resort Village & Spa has it all! Located on the top floor this end unit is only minutes from Walt Disney World Resort making it your perfect Orlando area vacation resort. Huge pools, on site dining, Irish pub and shopping outlets. This is one of the best options for a second home in Florida.

Asking Price $204,950 (From $214,950)