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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.
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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
Email: sales@orlando-florida-homes-for-sale.com
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