Found 25 entries about The Numbers.
The April Team Donovan community reports have now been updated and are available from the following link:
                                         Community Report
March 'musings' from the Orlando resort area...
March closings across the resort area resulted in 281 homes changing hands which was 2 less than the March 2015 total but 36 above the 245 February 2016 closings. Overall inventory levels were down 2.1% from last month at 2010 active listings. By type normal owner listings were down 45 month on month at 1912 while short sales fell 2 at 35. Conversely bank owned inventory recorded a rise of 4 homes at 65. Year on year inventory levels have continued to rise with the overall March total up 11.2% from the same month last year. The median price of a resort area home was up 0.5% from last month at $169,893 and up 4.6% from the March 2015 median price of $162,118. The areas average days on market remained…
The March Team Donovan community reports have now been updated and are available from the following link:
                                         Community Report
Thinking about buying a second home in Orlando? Many people dream of buying a vacation home and renting it out so they can recoup part of their investment. The key to generating a profit with a vacation home is making sure that the property is in a desirable location.
There’s no doubt that Orlando is a popular vacation destination. Visitors come here from all over the world to go to Disney World and Universal Studios, for starters. And the city’s location in the center of the state makes it easy for vacationers to drive to Tampa, and enjoy the beaches on the Gulf of Mexico, or head east to Cocoa Beach on the Atlantic Ocean and all the attractions there, like Kennedy Space Center.
Before you buy a vacation villa, it’s important to realize that there…
Below are the actual numbers for a 6 bedroom Vacation Villa in the Solterra Resort.Â
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 yearWater - 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…
