Orlando Florida Houses for Sale       T: +44 (0) 870 777 3291   F: +44 (0) 870 777 3295   E: sales@coastal-estates.com

 

     Orlando Florida Homes for Sale

    Orlando Florida Homes for Sale

    Orlando Florida Homes for Sale

    Orlando Florida Homes for Sale

    Orlando Florida Homes for Sale

    Orlando Florida Homes for Sale

 

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Buying for Investment

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If you love the idea of owning property abroad but have reservations financially, you may find it interesting to know that with our investment plan below you can cover most, if not all of your monthly outgoings on the house, including the mortgage, interest, running costs, taxes, insurance, management company fee's etc, and you may even make an income.

If you are a cash buyer, this plan will bring in a good monthly net income . In both instances your house remains free for you to use roughly 10 weeks per year.

The unbeatable benefit of owning a property in or near to Orlando is that, when you and your family are not residing in your home, you are guaranteed a large income from bookings should you wish to rent your property out to the 40 million
holidaymakers travelling to Orlando each year.

EXAMPLE ONLY   CASH BUY
HOUSE PRICE $139,300  
20% DOWN PAYMENT $27,900  
MORTGAGE TO PAY $111,400  
ANNUAL EXPENSES Inc: Mortgage & Interest, Taxes, Insurance, management fees, running costs, maintenance. $20,172 $10,128
INCOME Based on 42 weeks per year bookings @ $650.00 p.w $27,300 $27,300
MINUS ANNUAL EXPENSES - 20,172 - 10,128
NET INCOME $7,128 $17,172
'Copyright 1999 - 2002'

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We will arrange a management company to care for your home throughout the year, maintaining the pool and garden, and the cleaning and upkeep inside the house. This management company will also advertise your home and arrange bookings for your home. You are almost guaranteed 40 weeks per year of bookings, and you can advertise the home yourself to gain maximum rentals.

Once you have decided to purchase your dream home, you will have the initial costs of the down payment on the house and closing costs, (Allow 6-8% of purchase price for closing costs) We will arrange the most competitive mortgage if required. After this, your management company will get started immediately. It is up to you how much you wish to charge vacationer's for the use of your home for a week, it could be anything from $500.00 to $1300.00 p.w depending on the size and condition of the house. Effectively, your house will cover the cost of itself.

The value of some of these properties will rise dramatically, If you are wise enough to buy in a sought after area, on a prime lot.

 

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Coastal Estates

Orlando Florida Homes for Sale
Tel: +44 (0)870 777 3291
Fax: +44 (0)870 777 3295
USA Tel: +1 321 939 2980
USA Fax: +1 321 939 2982
Email: sales@coastal-estates.com

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