Sandy O'Dell is a licensed realtor for the State of Florida for 25 years
(Paul Michael Torola, Broker - Kissimmee, FL)
Interior decorating of all homes by Sandy O'Dell

Real Estate Opportunities:
(And Success Stories)

Contact Me for invitation to VIP real estate weekend retreats at Southern Belle Mansion in East TN

Disney Properties: (We originally purchased and decorated these homes).
(Vacation rental property must be effectively advertised on high traffic websites / approx. $1000 yearly)
 
Victorian Enchantment - SOLD

5 bedroom on vacation rental market

$ in the bank: $45,000
Credit Score: 670-700
Down payment: $30,000
Mortgage Payment: $2200 per month
House earns by rentals: $5600 per month
Purchase Price: $222K in 2002
Sold for $360K in 2005

GROSS PROFIT: $138K

Lawn: $75 per month
Pool: $90 per month
Pest Control: $20 per month
Mgmt. Admin Fee: $150 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $2500 per year
Belle of Disney

5 bedrooms on vacation rental market

 

$ in the bank: $45,000
Credit Score: 670-700
Down payment: $30,000
Mortgage Payment: $2100 per month
House earns by rentals: $5600 per month
Purchase Price: $212K in 2002
For Sale: 8/2005 $370K

GROSS PROFIT: $158K

Lawn: $75 per month
Pool: $90 per month
Pest Control: $20 per month
Mgmt. Admin Fee: $150 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $2500 per year
Southern Belle

7 Bedrooms on vacation rental market

$ in the bank: $60,000
Credit Score: 670-700
Down payment: $40,000
Mortgage Payment: $4400 per month
House earns by rentals: $8000 per month
Purchase Price: $360K in 2001
For Sale: 8/2005 $630K

GROSS PROFIT: $270K

Lawn: $75 per month
Pool: $90 per month
Pest Control: $20 per month
Mgmt. Admin Fee: $150 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $2500 per year
Victorian Secret - SOLD

5 Bedrooms on vacation rental market

$ in the bank: $45,000
Credit Score: 670-700
Down payment: $30,000
Mortgage Payment: $1800 per month
House earns by rentals: $5600 per month
Purchase Price: $180K in 2001
Sold for $340K in 2004

GROSS PROFIT: $160K

Lawn: $75 per month
Pool: $90 per month
Pest Control: $20 per month
Mgmt. Admin Fee: $150 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $2500 per year
Estacy of Disney - SOLD

7 Bedrooms on vacation rental market

$ in the bank: $60,000
Credit Score: 670-700
Down payment: $45,000
Mortgage Payment: $4400 per month
House earns by rentals: $8000 per month
Purchase Price: $460K in 2003
Sold for $1,000,000 in 2006

GROSS PROFIT: $540K

Lawn: $75 per month
Pool: $90 per month
Pest Control: $20 per month
Mgmt. Admin Fee: $150 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $2500 per year
Disney Delight
Town home in Complex with Amenities

3 Bedrooms on vacation rental market

$ in the bank: $60,000
Credit Score: 670-700
Down payment: $30,000
Mortgage Payment: $1500 per month
House earns by rentals: $3200 per month
Purchase Price: $240K on 1/1/2005
Soon on Market: 8/2005 $325K

GROSS PROFIT: $85K

Lawn: $0 per month
Pool: $60 per month
Pest Control: $0 per month
Mgmt. Admin Fee: $0 per month
Regime Fee: $300 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 13% of rental income
Property Tax: $1500 per year
Disney Lot A - SOLD
Lot within Gated Community with Amenities

---- SOLD - NO PHOTO AVAILABLE ----

$ in the bank: $35,000
Credit Score: 670-700
Down payment: $20,000
Mortgage Payment: $700 per month
Purchase Price: $140K in 2004
Sold: 1/1/2005 $300K

GROSS PROFIT: $160K

Property Tax: $1000 per year
Hilton Head Ocean Front Properties:
(Vacation rental property must be effectively advertised on high traffic websites / approx. $1000 yearly)
Ocean Front Condo - SOLD
Hilton Head, South Carolina

3 Bedroom on vacation rental market

$ in the bank: $30,000
Credit Score: 670-700
Down payment: $20,000
Mortgage Payment: $1200 per month
House earns by rentals: $3500 per month
Purchase Price: $153K on 2003
Sold: 1/1/2005 $295K

GROSS PROFIT: $142K

Lawn: $0 per month
Pool: $0 per month
Pest Control: $0 per month
Mgmt. Admin Fee: $0 per month
Regime Fee: $360 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 10% of rental income
Property Tax: $1250 per year
Fixer Upper - Ocean Front Condo
Hilton Head, South Carolina

2 Bedroom on vacation rental market

Renovation cost: $17,000
$ in the bank: $25,000
Credit Score: 670-700
Down payment: $15,000
Mortgage Payment: $360 per month
House earns by rentals: $2800 per month
Purchase Price: $70K on 2004
Soon on Market: 8/2005 $200K

GROSS PROFIT: $130K

Lawn: $0 per month
Pool: $0 per month
Pest Control: $0 per month
Mgmt. Admin Fee: $0 per month
Regime Fee: $320 per month
Cleaning: $65-$150 per month
Electricity: $130 per month
Phone: $30 per month
Cable/Satellite: $50 per month
Natural Gas: $100 per month
Water: $30 per month
Tourist Tax: 10% of rental income
Property Tax: $1000 per year
Opportunities for Buyers with Low Credit Scores:
(or buyers who choose not to tie up their credit)
Lots in Gated Communities with Amenities

We arrange other buyers to be partners with you splitting the cost of a lot or home. One person with adequate credit finances the property. He and the other partners divide the cost and agree to sell when property value reaches a specific price (Usually 200%). FYI: We do 2 or 3 of these deals per year.

DISNEY LOT EXAMPLE:
Purchase Price: $876K
Eight partners (most were friends or past clients divide costs).
Full share: $28K

GROSS PROFIT: $84K

Half share: $14K

GROSS PROFIT: $42K


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