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Orlando Short-Term Rentals - Offering Package Flipbook PDF
Orlando Short-Term Rentals - Offering Package
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Orlando Vacation Homes: Short Term Rental Offering
Disclaimer All property listing information contained within this marketing package is subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Any projections, opinions, assumptions or estimates contained within this site are for example only, and such projections, opinions, assumptions or estimates may not represent current or future performance of a listed property. You and your tax and legal advisors should conduct your own investigation of any property listed in this marketing package and any contemplated transaction concerning any property listed in this package.
What Does It Mean to Invest in a Vacation Home? 1. You buy your Vacation Home. You are 100% owner, it is not a Timeshare. 2. You can utilize your Vacation Home whenever you want without restrictions. 3. Vacation Homes are ZONED & PERMITTED for short term rental, allowing you to maximize returns on your investment.
Why Us? Our multidisciplinary team approach is the “value add” that will ensure maximum returns on your investment dollars; From providing guidance on identifying the right property to managing the asset.
360° View of Investment Services
Updating & Renovating
Purchase & Acquisition Legal
Property Management & Marketing
Furnishing & Design
Accounting & Taxes
Bank Financing Wealth Management Advisory
Sales Team
Accounting Team
Real estate consultants with extensive experience in the market that will help you in selecting the property that will best fit your investment goals.We are part of a global network of more than 850 offices and 12,000 advisors in more than 30 countries around the world.
Our team of accountants & CPAs will consult you to ensure that your investment is properly structured to minimize your risk. Our partners specialize in international tax consulting with a focus on advising and creating entities for their foreign based clientele to minimize their tax risks and liabilities. They have been recognized by the South Florida Business Journal for Excellence in Accounting in International Tax.
Legal Team Their role is drafting all legal documents regarding the entity that will own the property. The team’s primary area of practice focuses on inbound and outbound international business transactions for large and small corporations, partnerships limited liability companies and more. They actively represent clients in asset purchases, buy-sell agreements and business immigration needs. They also have extensive experience in estate planning including the use of off shore trusts.
Lending Team Our lending partner has been providing loans in Florida since 1998. Their niche is financing real estate investments for foreign buyers. Their focus and expertise is financing foreign buyers with high loan to value ratios at low interest rates. They streamline the transaction by completing loan application electronically by email or in person at one of their Miami or Orlando offices; simplifying the most complex part of the buying process.
Management Team Once you take ownership our team assumes 100% responsibility for the investment, by managing as well as marketing through www.FloridaonVacation.com; eliminating all the weight off your shoulders. We handle everything from A-Z including: l l l l l l l
Initial Furnishing & Design + future rehabbing Licensing the home to operate legally Manage reservation & bookings Managing guest arrivals & departures Housekeeping & maintenance Monthly tax preparation & payment Monthly owners financial reports
NOTE: OUR FEES ARE SOLELY CONTINGENT ON YOUR INCOME. OUR SUCCESS IS TIED TO YOURS!
Why Orlando? l
Over 75 million visitors in 2018: 70% by plane and 30% by car (Record numbers... 56% greater than Las Vegas)
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Solid Economy, strong salaries, and low cost of living lead by low housing costs. Orlando costs in general are considerably lower than South Florida and most coastal cities.
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Insurance rates are up to ⅔ lower than South Florida and most coastal cities in Florida.
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Orlando/Kissimmee is the 2nd fastest growing MSA (metropolitan area) of the top 30 largest in the US behind Austin Texas.
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New Disney theme parks, e.g.: Star Wars: Galaxy’s Edge, will appeal to multiple generations of fans
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52 million visited Disney theme parks in 2018 and projected to have increased in 2019.
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Over 900 people are moving daily to Florida with a majority moving to Central Florida.
Why Orlando? l
Virgin Trains USA (Brightline) broke ground on the Orlando - Palm Beach line and will begin operations in 2021 connecting Orlando & Miami in approximately 3 hours.
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New infrastructure projects are underway including 1.8 billion expansion of interstate I-4, Orlando International Airport is adding a new terminal, the Sunrail commuter rail is extending its lines to link Airport/Orlando/Poinciana.
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OCCC - The Orange County Convention Center hosts approximately 1.5 Million attendees annually.
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Orlando schools boasts a significant number of A-Rated schools that include both public and charter.
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Orlando is a hub for innovation: including The Center for Aerospace & Simulation and is a worldwide leader in video game development, virtual reality and life sciences research/ development.
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Home to the largest university in the Country, The University of Central Florida (UCF) with approximately 66,000 registered students.
Why Invest in Orlando Vacation Homes? l
Solid returns, projected between 6-8% with our management team, compared to a 3-4% returns on a typical annual rental investment.
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Strong Year Round demand from visitors to Disney Parks & Convention Center.
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Low Property Taxes and Home Owner Association Fees enhancing your return.
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New construction projects are more appealing: offering superior finishes, latest trends in design & technology, and have lower maintenance cost, require fewer repairs.
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Use your Vacation Home anytime you wish just block out the dates in advance.
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Recoup your initial investment in approximately 10-15 years (varies by project and model).
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Additionally your return is enhanced by the investment’s appreciation. Currently Orlando real estate has increased an average of 7% over the past 7 years (through 2019).
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Vacation Homes are investments in the commercial sector (hospitality), where a very limited number of projects are permitted for this use. We project appreciation will continue to outpace the residential sector.
What Vacation Homes Project do We Recommend? The prior points contribute to maximizing returns on Vacation Homes in Orlando, where we have selected 2 pre-construction projects by Lennar, Fortune 500 builder: Storey Lake & Champions Gate. We have also analyzed alternative projects that would provide similar returns. For example, The Grove Resort and Waterpark which offers condominium units fully furnished.
Orlando Short-Term Vacation Rentals Projects Local Attractions
Project Inventory & Projections
Storey Lake Less than 10 minutes from Disney Parks Excellent Shopping/Retail/Restaurants Adjacent to Community Built and Backed by Fortune 500 Company & Strongest Residential Builder in US: Lennar Gated & Secured Community
Excellent Amenities Including: Club House, Lazy River, Large Pool, Kids Water park, Volleyball Court, Kayaking, Fitness Center, Restaurant/Bar & More Low HOA Fees: From $350 a month depending on property type
Vacation Home Investment Analysis Storey Lake - The Terraces Condominiums
Type Milan Condo
List Price $253,490.00
Furnishing $15,000.00
LA SQ FT 1,194
Price/SF $212.30
Beds 2
Baths 2
Garage Pool 0 Community
Annual Expenses (Projected)
Monthly Expenses (Projected) HOA
$550.28
Electricity
$70.00
Inc. in HOA License
Cable/Internet
Inc. in HOA $86.50
Maint Costs *
$0.00
Annual Cost Total
$8,481.36
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$30,660.00
$4,599.00
$13,108.80
$12,952.20
4.8%
Internal Rate of Return (IRR) 11%
70
$35,770.00
$5,365.50
$13,108.80
$17,295.70
6.4%
80
$40,880.00
$6,132.00
$13,108.80
$21,639.20
8.1%
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$50,698.00
Current Interest Rate
4.00%
CAP Rate**
$600.00 $400.00
Annual Cost Total
Annual Expenses Total
Annual Expenses
$3,627.44
$706.78
Monthly Cost Total
Average Daily Rent $140
Property Tax Insurance
Water
CDD Debt Services
Storage 1
$4,627.44 $13,108.80
19
Break Even Point Days 156
13%
13
134
14%
10.9
117
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$76,047.00 6.10%
Monthly Principal + Interest
$1,050.00
Monthly Principal + Interest
$1,082.00
Total Annual
$12,600.00
Total Annual
$12,984.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Storey Lake - Luxury Resort Townhomes
Type Sabal Palm
List Price $359,990.00
Furnishing $20,000.00
LA SQ FT 1,914
Price/SF $188.08
Beds 4
Baths 3
Garage Open Park
HOA
$389.00
Electricity
$100.00
Property Tax Insurance
Water
$100.00
License
$5,100.00 $600.00 $400.00
Inc in HOA
Cable/Internet CDD Debt Services
$100.00
Maint Costs *
$80.00
Monthly Cost Total
$769.00
Annual Cost Total
Storage 1
Annual Expenses (Projected)
Monthly Expenses (Projected)
Average Daily Rent $180
Pool Yes
$9,228.00
Annual Cost Total
$6,100.00
Annual Expenses Total
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$39,420.00
$ 5,913.00
$ 15,328.00
$ 18,179.00
4.8%
Internal Rate of Return (IRR) 11%
70
$45,990.00
$ 6,898.50
$ 15,328.00
$ 23,763.50
6.3%
80
$52,560.00
$ 7,884.00
$ 15,328.00
$ 29,348.00
7.8%
Annual Expenses
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$71,998.00
Current Interest Rate
4.00%
CAP Rate**
$15,328.00
17.1
Break Even Point Days 142
13%
13.4
122
14%
11
106
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$107,997.00 6.10%
Monthly Principal + Interest
$1,375.00
Monthly Principal + Interest
$1,527.00
Total Annual
$16,500.00
Total Annual
$18,324.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Storey Lake - Cove Vacation Villas
Type Alexander Palm
List Price $472,490.00
Furnishing $30,000.00
LA SQ FT 3,014
Price/SF $156.77
Beds 5
Baths 5
Garage 1
HOA
$363.00
Electricity
$120.00
Property Tax Insurance
Water
$120.00
License
$6,760.00 $600.00 $400.00
Inc in HOA
Cable/Internet CDD Debt Services
$169.00
Maint Costs *
$100.00
Monthly Cost Total
$872.00
Annual Cost Total
Storage 1
Annual Expenses (Projected)
Monthly Expenses (Projected)
Average Daily Rent $230
Pool Yes
$10,464.00
Annual Cost Total
$7,760.00
Annual Expenses Total
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$50,370.00
$ 7,555.50
$18,224.00
$24,590.50
4.9%
Internal Rate of Return (IRR) 11%
70
$58,765.00
$ 8,814.75
$18,224.00
$31,726.25
6.3%
80
$67,160.00
$ 10,074.00
$18,224.00
$38,862.00
7.8%
Annual Expenses
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$94,498.00
Current Interest Rate
4.00%
CAP Rate**
$18,224.00
17.1
Break Even Point Days 132
13%
13.5
113
14%
11.2
99
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$141,747.00 6.10%
Monthly Principal + Interest
$1,795.00
Monthly Principal + Interest
$1,994.00
Total Annual
$21,540.00
Total Annual
$23,928.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Storey Lake - Cove Single Family
Type Gatsby
List Price $566,990.00
Furnishing $38,000.00
LA SQ FT 3,801
Price/SF $149.17
Beds 6
Baths 6
Garage Open Park
HOA
$363.00
Electricity
$150.00
Property Tax Insurance
Water
$150.00
License
CDD Debt Services
$169.00
Maint Costs *
$100.00
Monthly Cost Total
$932.00 $11,184.00
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$59,130.00
$ 8,869.50
$ 20,284.00
$ 29,976.50
5.0%
Internal Rate of Return (IRR) 11%
70
$ 8,985.00
$ 10,347.75
$ 20,284.00
$ 38,353.25
6.3%
80
$78,840.00
$ 11,826.00
$ 20,284.00
$ 46,730.00
7.8%
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$113,398.00
Current Interest Rate
4.00%
CAP Rate**
$600.00 $400.00
Annual Cost Total
Annual Expenses Total
Annual Expenses
$8,100.00
Inc in HOA
Cable/Internet
Annual Cost Total
Storage 1
Annual Expenses (Projected)
Monthly Expenses (Projected)
Average Daily Rent $270
Pool Yes
$9,100.00 $20,284.00
17
Break Even Point Days 125
12%
13.5
107
14%
11.2
94
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$170,097.00 6.10%
Monthly Principal + Interest
$2,160.00
Monthly Principal + Interest
$2,397.00
Total Annual
$25,920.00
Total Annual
$28,764.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Champions Gate 15 minutes from Disney Parks Excellent Shopping/Retail/Restaurants Adjacent to Community Built and Backed by Fortune 500 Company & Strongest Residential Builder in US: Lennar Gated & Secured Community
3 Championship Golf Courses Excellent Amenities Including: 2 Club Houses, Lazy River, Large Pools, Restaurants/Bars, Transportation (within the community), Kids Water Park, Fitness Center, Theater & More. Low HOA Fees : From $250 a month depending on property type.
Vacation Home Investment Analysis Champions Gate - Luxury Resort Condominiums
Type Augusta
List Price $249,490.00
Furnishing $15,000.00
LA SQ FT 1,558
Price/SF $160.13
Beds 2
Baths 2
Garage Pool 1 Community
Annual Expenses (Projected)
Monthly Expenses (Projected) HOA
$248.00
Electricity
$70.00
Property Tax Insurance
Water
Inc in HOA
Cable/Internet
Inc in HOA
License
$400.00
$429.00
Monthly Cost Total Annual Cost Total
$5,148.00
Annual Cost Total
Annual Expenses Total
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$26,280.00
$3,942.00
$9,378.00
$12,960.00
5.0%
Internal Rate of Return (IRR) 11%
70
$30,660.00
$4,599.00
$9,378.00
$16,683.00
6.3%
80
$35,040.00
$5,256.00
$9,378.00
$20,406.00
7.8%
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$49,898.00
Current Interest Rate
4.00%
CAP Rate**
$600.00
$0.00
Maint Costs *
Annual Expenses
$3,230.00
$111.00
CDD Debt Services
Average Daily Rent $120
Storage 1
$4,230.00 $9,378.00
16.7
Break Even Point Days 130
12%
13.8
112
14%
11.4
98
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$74,847.00 6.10%
Monthly Principal + Interest
$1,015.00
Monthly Principal + Interest
$1,060.00
Total Annual
$12,180.00
Total Annual
$12,720.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Champion’s Gate - Luxury Resort Townhome
Type Beach Palm
List Price $338,490.00
Furnishing $20,000.00
LA SQ FT 1,914
Price/SF $176.85
Beds 4
Baths 3
Garage Open Park
HOA
$360.00
Electricity
$100.00
Property Tax Insurance
Water
$100.00
License
CDD Debt Services
$128.00
Maint Costs *
$80.00
Monthly Cost Total
$768.00
Annual Cost Total
$9,216.00
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$29,565.00
$4,434.75
$14,596.00
$10,534.25
3.0%
Internal Rate of Return (IRR) 10%
70
$34,492.50
$5,173.88
$14,596.00
$14,722.63
4.1%
80
$39,420.00
$5,913.00
$14,596.00
$18,911.00
5.3%
Financing Terms Domestic Borrower Down Payment - 20%
$67,698.00
Current Interest Rate
4.00%
CAP Rate**
$600.00 $400.00
Annual Cost Total
Annual Expenses Total
Net Operating Income
$4,380.00
Inc in HOA
Cable/Internet
Annual Expenses
Storage 1
Annual Expenses (Projected)
Monthly Expenses (Projected)
Average Daily Rent $135
Pool Yes
$5,380.00 $14,596.00
26
Break Even Point Days 180
11%
19
154
12%
15.6
135
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$101,547.00 6.10%
Monthly Principal + Interest
$1,380.00
Monthly Principal + Interest
$1,500.00
Total Annual
$16,560.00
Total Annual
$18,000.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Champion’s Gate - Luxury Villas
Type Alexander
List Price $448,490.00
Furnishing $30,000.00
LA SQ FT 3,014
Price/SF $148.80
Beds 5
Baths 5
Garage 1
Pool Yes
Annual Expenses (Projected)
Monthly Expenses (Projected) HOA
$340.00
Electricity
$120.00
Property Tax Insurance
Water
$120.00
License
CDD Debt Services
$154.00
Maint Costs *
$100.00
Monthly Cost Total
$834.00
Annual Cost Total
$10,008.00
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$39,420.00
$ 5,913.00
$16,808.00
$16,699.00
3.5%
Internal Rate of Return (IRR) 10%
70
$45,990.00
$ 6,898.50
$16,808.00
$22,283.50
4.7%
80
$52,560.00
$ 7,884.00
$16,808.00
$27,868.00
5.9%
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$89,698.00
Current Interest Rate
4.00%
CAP Rate**
$600.00 $400.00
Annual Cost Total
Annual Expenses Total
Annual Expenses
$5,800.00
Inc in HOA
Cable/Internet
Average Daily Rent $180
Storage 1
$6,800.00 $16,808.00
23
Break Even Point Days 155
11%
18
133
12%
14.5
117
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$134,547.00 6.10%
Monthly Principal + Interest
$1,740.00
Monthly Principal + Interest
$1,990.00
Total Annual
$20,880.00
Total Annual
$23,880.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Vacation Home Investment Analysis Champion’s Gate - Retreat Single Family
Type Gatsby
List Price $522,990.00
Furnishing $38,000.00
LA SQ FT 3,795.00
Price/SF 137.81
Beds 6
Baths 6
Garage Open Park
HOA
$350.00
Electricity
$120.00
Property Tax Insurance
Water
$120.00
License
$6,770.00 $600.00 $400.00
Inc in HOA
Cable/Internet CDD Debt Services
$174.00
Maint Costs *
$100.00
Monthly Cost Total
$864.00
Annual Cost Total
Storage 1
Annual Expenses (Projected)
Monthly Expenses (Projected)
Average Daily Rent $190
Pool Yes
$10,368.00
Annual Cost Total
$7,770.00
Annual Expenses Total
Occupancy %
Annual Income
Property. Mgt Fee (15%)
60
$ 41,610.00
$ 6,241.50
$ 18,138.00
$ 17,230.50
3.1%
Internal Rate of Return (IRR) 10%
70
$ 48,545.00
$ 7,281.75
$ 18,138.00
$ 23,125.25
4.1%
80
$ 55,480.00
$ 8,322.00
$ 18,138.00
$ 29,020.00
5.2%
Annual Expenses
Net Operating Income
Financing Terms Domestic Borrower Down Payment - 20%
$ 104,598.00
Current Interest Rate
4.00%
CAP Rate**
$18,138.00
27
Break Even Point Days 159.00
11%
20
136.00
12%
16.5
119.00
Financing Terms Foreign National Borrower Down Payment - 30% Current Interest Rate
Return of Investment Cash (Years)
$ 156,897.00 6.10%
Monthly Principal + Interest
$2,010.00
Monthly Principal + Interest
$2,200.00
Total Annual
$24,120.00
Total Annual
$26,400.00
Notes: *Pool, Fumigation, **List Price + Furnishings
Our Partners
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Israel Salabarria Global Investment Advisor | Broker Cell +1 305 389 4996 www.israelsalabarria.evusa.com [email protected]