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DisneyWorld Airbnb Tour | Financial Breakdown of Orlando Airbnb - YouTube
Channel: unknown
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hey guys
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welcome back to my channel matthew varga
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here as you can see
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i am in a different location than normal
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we're actually in florida right now
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we're actually at a the airbnb by
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disneyland
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and i'm going to show you around to give
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you a tour of this airbnb so once you
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come on in and check it out with me
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so as i mentioned we're in orlando right
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now we're actually here looking at
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houses to buy
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in florida are we moving here maybe i
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don't know it's fantastic here we're
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actually here looking at airbnbs because
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we're going to be growing our airbnb
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business
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down to the states i've talked about it
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a lot before so we're actually starting
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to look at houses here
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to see what's going to work best for us
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so we're staying in a beautiful
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two-bedroom
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two-bath condo in story lake resort
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which is about five
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six minutes from disney i'm gonna give
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you a tour right now and then at the end
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make sure you stay tuned because i'm
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gonna do a financial breakdown
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and let you know sort of the numbers on
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this property and how it would work so
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when we first walked into this place
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the other morning uh the first thing
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that really blew
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me and nicole away was the size of these
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ceilings i mean i don't know if this is
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uh normal here in florida but these are
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like 12
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13 foot ceilings like it just makes this
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space seem
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huge like vast we were blown away by it
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we love the high ceilings
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it really just makes the space seem wide
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open and huge so first we're going to
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check out
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the master suite so this is the master
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bedroom it's a little lived in because
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we have been here for three days already
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we tried to kind of put it back the way
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it was when we first arrived because we
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did a great job of staging
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so this is kind of our uh our best
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efforts i'm putting it back to normal
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and i think the thing that me nicole
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loved the most about this
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is it's actually a king-sized bed uh if
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you've ever
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owned and slept in a king-sized bed you
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know there's no going back you're not
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going back to a queen
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ever so we love the fact that there's
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actually a king-sized bed here because a
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lot of airbnbs are just putting a queen
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which i get a lot of our airbnbs we just
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put queens in but
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if you can fit a king and get it in
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there get it in because it makes all the
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difference people love a king-size bed
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so that is awesome here so the great
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thing about this master
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is that it has a huge ensuite bathroom
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as well so here we're in the ensuite
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we've got a little walk-in closet here
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with just some extra like beach towels
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uh obviously we're hanging some stuff up
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to dry
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a few things for the kids so high chairs
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we've been using
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so these are great things to put into
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your airbnb if you have one set up
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once again you've got the high ceilings
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in the bathroom all the way through this
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place
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so this shower is a massive stand-in
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shower and the thing i like the most
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i don't know if it's just me i just love
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how i have a huge high ceiling above me
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in the shower
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just feels like so much space where i'm
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used to our
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shower at home where like i can touch
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the ceiling so i kind of like the fact
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that it's actually nice big
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bright in here we also love the fact
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that it has the um
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i guess water closet is the best way or
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is it nicole calls it the
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what do you think toilet closet it was a
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mustang
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closet but it's a water closet so that's
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obviously a great feature
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just having like the toilet separates
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you got the nice big double sinks here
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so all in all like you feel like you're
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at a resort great place
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beautiful huge it's got another bedroom
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and another bathroom which we'll go
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check out and then we'll show you the
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living space
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all right so here we are in the second
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bedroom although we love the master
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bedroom just because of the size and the
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king bed
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we just we really love the vibe in this
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bedroom it's got that whole beach vibe
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you know you got a bunk bed with a
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surfboard on it all the pictures around
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here are just
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beachy fun cute you know the paint on
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the wall
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just everything really gets that nice
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beach vibe which i know nicole really
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liked so they utilize the space in this
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bedroom really well they have like a
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great bunk bed in here
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it's got a nice double bunk bed
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underneath so you can get two guests
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there you got a nice
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good sized one here for a kid up as well
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so you can fit an extra three guests by
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using this bunk bed
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once again it's a great use of space
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here they decorated it very well it's
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very on point with that beach vibe and
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just makes you feel like you're at a
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at a beach resort so we really like that
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so here we have the guest bathroom
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once again you just got the high
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ceilings they tied the whole beach theme
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in here as well i love the fact that it
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has a bathtub so if you do have little
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kids you can give them a bath in here
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and it's got the great big double sink
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as well they also did a great job just
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bringing little amenities in some body
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lotions body wash shampoo so it really
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gives you that hotel resort vibe
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so awesome job in here now let's jump
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over to the kitchen and show you that
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so here we are in the kitchen we love
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this huge island that i'm standing in
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front of right now
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i think it's about six seven feet long
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it's just a great space to be able to
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to work on cook on if you have people
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over you can just sit here and have a
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good social atmosphere
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it's just a massive massive kitchen we
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feel like
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this kitchen here is a bigger kitchen
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than our kitchen back home so we're just
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a little jealous of like the size all
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the cupboard space i mean this is a
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fantastic use of a kitchen just
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cupboards everywhere
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it's just very very well done we love
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the quartz countertop we love the pen
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and lights overhead
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it's just a really nice kitchen a great
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entertaining space so then the kitchen
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flows
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over into a little dining area here
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which we love the fact that they
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staged it like this for when we came in
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it's just a nice extra touch that you
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don't always get so
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when we came in everything was just laid
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out like this for us perfectly it's just
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a nice way to come into the place
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so if you do have an airbnb and you're
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doing vacation maybe think about doing
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this because it did give us a little bit
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of a wow factor
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so we have the kitchen running into this
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dining room and then from there
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we have a nice living space right behind
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us here
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that's uh just like a secondary living
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space it just has a nice little couch
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that you could definitely do some fun
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things with depending on
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how you want to set this up but we liked
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how they just utilized the space it's
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maybe a little reading nook
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so that wasn't enough already which i
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think back home in toronto for us that
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would just be
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a whole condo in itself if you're lucky
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we actually have a
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little sage in our play pen over there
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just hanging out watching us while we
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film so this is like
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another big huge living space that they
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have here one thing that we really love
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is the couch which i'm actually gonna
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sit on but definitely one of the most
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comfortable couches i've been on
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at an airbnb so i think we're gonna find
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out what it is because maybe we'll have
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to purchase
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it for our own airbnb when we get one
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set up here one thing i really like
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about the space and it's something that
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we do with our airbnbs as well
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is just putting in a lot of greenery so
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a lot of fake plants whatever but it
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just adds that nice
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natural touch that we really appreciate
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we think that other people do when
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they're staying with us
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and last off we have the veranda the
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porch the deck whatever you want to call
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it
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so it's actually a really good size here
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we thought it was going to be a little
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bit smaller from the pictures but then
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when we got out here like
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wow they could really squeeze a lot more
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furniture in here and just make it a
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really great little
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outdoor living space we actually were
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sitting out here last night
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just having a little drink just talking
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after we put sage to bed so it's just a
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nice place to relax
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was a thunderstorm last night so it kind
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of cut the humidity out so it's nice to
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sit out
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and just relax a little bit we also have
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a great view of the pool which is nice
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so
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one of the things i've noticed about
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orlando is a lot of the places that
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we're looking at for short-term rentals
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they're all in resort communities so
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they all have pools
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lazy rivers basketball courts volleyball
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courts a bunch of amenities that you can
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enjoy so if you're not going to one of
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the parks like universal or disney or
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any
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one of the other amenities they have
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around here you have a bunch of stuff in
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your own backyard can enjoy your day
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just relax
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here and have a great time so we love
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that about orlando and we're really
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excited to pick up some properties here
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okay so as promised we're going to break
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down the financials on this place and
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see if it would be a good investment or
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not
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so the purchase price for one of these
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units two bedroom two bath
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150 square feet is anywhere between 260
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to 280
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i don't know where you're from but for
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us 280 for something this size with
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these high ceilings is a fantastic value
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so even with the conversion of canadian
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to us it just still seems like a
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fantastic purchase price for us
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at that current rate so if you're to
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purchase something like this you would
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need 56 000 as your down payment for
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your 20
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down in usd and then your monthly
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carrying cost
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on this property would be after that 20
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down payment 1 839
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so that would be broken up into your
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mortgage payment which would be 927
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your property tax which would be 229
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your hoa fee which is homeowners
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association fee which is 585 for this so
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because it's a condo
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you are paying a bit of a higher amount
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because you don't have to worry about
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taking care of the exterior or the roof
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that's covered under your hoa fee
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the great thing about these hoa fees is
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that it actually includes
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your internet cable garbage
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uh water so it does cover some of the
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amenities which you would include with
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your airbnb so you don't worry about
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paying for internet because it's already
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included in that monthly fee
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and then the last thing would be your
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insurance which is about 98
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a month okay so i made some notes here
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on my phone just about what the rates
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are going for
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during sort of a low season high season
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that peak season which is usually in
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december between especially between like
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christmas and new year you're usually
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getting
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really high rates there so for rates in
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october november which is a bit more of
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a low season
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the lowest i was seeing for something
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like this was about 150 at night
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and then i was seeing other ones for
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like 180 190 200 but let's just go with
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the 150 at night right now in the summer
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time it's definitely a high season
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uh so rates here in this period is about
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250 to 300.
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i mean for us to stay here it was i
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think 280 at night which is which is
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pretty pricey but
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it is high season and it was hard to
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find anything to book during this season
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so that's what you're getting during
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that the summer month
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and then during that peak season which
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is at christmas new year's december
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early january i was seeing rates as high
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as 480 a month
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so you're definitely getting some great
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rates during that period of time
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so i was just using an average bookings
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of saying you were getting only 20
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nights booked in a month which when i
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look at a lot of bookings here
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especially during this high season most
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are fully
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booked so but i want to be conservative
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and be like okay let's say we're only
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getting 20 nights booked
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a month so in the low season with our 20
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night booking at 150 we'd be bringing in
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about three thousand dollars a month
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in revenue during our peak season like
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right now with what we're paying at the
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289
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you'd be getting at 20 nights 5 780
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and then in that peak month with that
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480 a night at 20 nights
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you'd be getting 9 600 for that month so
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definitely definitely a month that
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you're gonna be killing it on uh so the
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profit breakdown for these
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is during that low season with with that
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150 a night
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you're making three thousand dollars a
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month your cost is one thousand eight
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hundred and thirty nine dollars a month
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so you have the potential of profiting
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one thousand one hundred and sixty one
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dollars
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which isn't bad at all uh i i could
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definitely go with an extra thousand
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bucks in my pocket each month so
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during the high season like right now
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these guys are making
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after you take the 5780 subtract that
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1839 expense
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they're bringing in about 3 900 a month
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in profit
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and in that peak month when you're
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really getting those high rates
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your total amount that you'll be getting
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is 9 600 dollars a month
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subtract your carrying costs of one
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thousand eight thirty nine
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so your profit potential in that month
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seven thousand
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seven hundred and sixty one dollars i
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mean these are all estimates but i've
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been doing a lot of research and these
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are the rates that i'm seeing
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the amount of bookings that i'm seeing
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i'm trying to be conservative with just
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a 20 night booking but
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when i see some of these rates here like
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your cash on cash return on one of these
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properties is
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pretty amazing so we're definitely going
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to be picking up
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properties here in orlando so there you
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have it that's my summary of what you
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can get with a two-bedroom condo
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investment property in orlando i think
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these are a really good value personally
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like when we're here right now we're
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just loving the space we're feeling
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comfortable
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bright airy even if you weren't looking
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for an investment property a second home
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that you would go down
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and and spend the cold winter months
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here it's definitely something worth
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looking into
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later today we're actually gonna be
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going and checking out some houses and
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some townhouses so a little bit bigger
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stuff to see
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what we can get for our money and
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something like that so if you want to
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see a video about with a breakdown of
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one of those properties let me know i'm
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probably going to film like a tour as we
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go around and check out some of the
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properties
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just so you can get an idea of what they
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look like inside we're also going to do
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a tour of all the the
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amenities because i think that's an
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important part of purchasing
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a vacation rental in orlando is not
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everyone wants to go to those
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parks every day they get pretty pricey
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so you want a nice place that people can
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relax enjoy their day here
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spend a couple days just by the pool and
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other amenities so we're going to see
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what else they have to offer in some of
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the other resort communities
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make sure you give this video a great
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big thumbs up share with a friend
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if you think they would get some value
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out of it if they're looking at stuff in
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orlando
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if we had a place in orlando leave a
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comment down below letting us know would
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you want to stay with us
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what would you want to see if we were
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putting properties up here in orlando
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thanks again for watching and i'll see
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you next week
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