Rent in The Villages – Short or Long Term?

We are constantly asked the question here in The Villages whether to rent a property long term or do short term vacation rentals. You buy a piece of prime real estate in The Villages and then want to rent it out, you put an ad in the local paper, field 200 phone calls from people who want it for 3 1/2 days from the most busy holiday afternoon until the following Sunday and will be leaving at 4am and want you to meet them to collect the keys.

Wait….. I thought this was supposed to be easy??Rent in The Villages

Whatever the home-style you have, it seems on the surface that renting your property short term will produce more money per month and therefore it is a better option. Nope.

Take a look at the expenses sheet below for a typical rental here in The Villages.

With an abundance of homes available to rent by the week and month and a HUGE home shortage for annual rentals, there seems to us to be a clear winner for peace of mind and expenses too.

Short Term Annual Rent
Monthly Rental Income $3,400 Monthly Rental Income $1,900
Landlord Costs Landlord Costs
VCDD Amenity Fee $145 VCDD Amenity Fee $145
Electricity $120 Electricity $0
Water/Sewer $30 Water/Sewer $0
Cable TV $35 Cable TV $0
Internet $35 Internet $0
Local Landline Phone $25 Local Landline Phone $0
7% Sales Tax (Short Term Rent Only) – plus 2% short term leasing tax $306 7% Sales Tax (Short Term Rent Only) – plus 2% short term leasing tax $0
Lawn Care $60 Lawn Care $0
Pest Care $20 Pest Care $0
Landscaping Costs $30 Landscaping Costs $0
Additional Cleaning $50 Additional Cleaning $0
Golf Cart Insurance $30 Golf Cart Insurance $0
Total Landlord Expenses per month $818 Total Landlord Expenses per month $145
NET per month $2,514 NET per month $1,755
NET per year $17,598 NET per year $21,060
Assume short term lease for 7 months of the year. Realistically it’s 5 months but 7 months if you’re lucky Assume rental is full year round on an annual rental. 12 months of the year
**Nothing on this website should be confused with financial or legal advice. If you need this, or any other type of advice, please seek the help of a competent professional. In addition, because real estate laws change all the time and differ from state to state, and even city to city in the same state, everything in these pages should be considered general marketing advice and ideas. Please see link to full Disclaimer at the bottom of this page.

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