Talk of The Villages Florida
Page 2 of 2 1 2
Show 40 post(s) from this thread on one page

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Annual Rents for Patio Villa's South 0f 466 (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/annual-rents-patio-villas-south-0f-466-a-331638/)

thevillages2013 05-03-2022 06:23 PM
Quote:
Originally Posted by LonnyP (Post 2091537)
I have one that rents for as low as 1800 for summer months to 3800 for the 3 peak months. It is just N of 44 off Morse. I pay all the other expenses.
The topic is LONG TERM RENTALS

rsmurano 05-03-2022 09:33 PM
There is a house in St Catherine, a designer home with pool that is getting $7100 a month. Since its new, I don't think they paid anywhere near $710,000 for it.
When I called, it was rented

Toymeister 05-04-2022 06:13 AM
It's not what was PAID, it's about current VALUE. And yes, a designer with pool can be 710k

Toymeister 05-04-2022 07:11 AM
Quote:
Originally Posted by RVJim (Post 2091358)
if you are getting 1% of value per month then you are getting a 12% annual capitalization rate. You are not likely to get that on an full 12 month lease.
Hmm, you could use a brush up on reading comprehension or just the art of not making assumptions. In ownership of a home, there is this thing called expenses. You know, taxes, maintenance at etc. This is why I never mentioned a cap rate

Altavia 05-04-2022 09:59 AM
Quote:
Originally Posted by wlasowicz (Post 2091125)
Hi
I am curious to see what people are charging or paying for annual rent on patio villas south of 466. This include furnished and and unfurnished I thought $1400 to $1500 was the going rate. I was talking to a lady a unfurnished villa in her neighbor was renting $2000 a month. With expenses and cost of real estate going I like to see what the going rates are. Also include details on what the owner pays and the renter such cable electric water etc
A Villages Rep or Realtor can look at your place and give their rental market value assessment for additional input.

karenzeee 05-06-2022 06:08 AM
Quote:
Originally Posted by Two Bills (Post 2091329)
Wife and I were looking for next winter, and there are very few PV's to rent, and nothing worth having under $4000+ a month during high season.
With car rental for us foreigners up 300% , it's becoming a pricey 3 month vacation!
Try renting in the Northern section. Prices for rentals are less than the new area. Rent From A Villager has lots of owner managed rentals you can check out.

wlasowicz 05-06-2022 08:28 AM
I checked with The Villages Rental dept. They only do long term unfurnished. prices $1550 to $1650 per month no golf cart included tenant pays the usual electric gas cable and internet So I would assume furnished probably $1800 to over $2000 depending on location and what amenities the owner includes

charlieo1126@gmail.com 05-06-2022 09:09 AM
Quote:
Originally Posted by thevillages2013 (Post 2091482)
2/2 or 1/1? If you have a good tenant that is taking good care of your villa that means a lot but if it’s a 2/2 you are leaving some money on the table especially since you are including trash,water, sewer and amenities. Please tell me you aren’t throwing cable tv in too
a valued tenant is worth more then the extra money you may or not make I had someone who stayed in my condo in south Florida for 7 years the only thing I went up on was maintenance fee when it went up , when he retired he left the area and I sold the place , he kept the place in perfect condition, if you have a good tenant you want to keep him or her

wlasowicz 05-06-2022 03:16 PM
I agree a valued tenant is important but cost still go up. All of my CDD expenses have gone up since I purchased my place 6 years ago plus electric cable and internet. You can absorb the cost only so much. Its a balance between keeping your tenant happy but still pay the bills and stay in the black

manaboutown 05-06-2022 05:43 PM
Quote:
Originally Posted by RVJim (Post 2091358)
if you are getting 1% of value per month then you are getting a 12% annual capitalization rate. You are not likely to get that on an full 12 month lease. Nice try though I think 7-8% cap rate is likely more realistic. You might get 12% on a full seasonal depending on what you throw in.
To be clear cap rate is the ratio of net operating income (NOI) to a property's value. It is not based on gross rental income to property value.

Topspinmo 05-06-2022 05:51 PM
Quote:
Originally Posted by Two Bills (Post 2091329)
Wife and I were looking for next winter, and there are very few PV's to rent, and nothing worth having under $4000+ a month during high season.
With car rental for us foreigners up 300% , it's becoming a pricey 3 month vacation!
Might try way up in north part of villages? IMO anything south of 466 going to be higher. The old location, location, location comes in play.


All times are GMT -5. The time now is 03:50 AM.
Page 2 of 2 1 2
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO v2.0.32 (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.