Davenport Disney getaway
$400,000
target home price
$100,000
cost per share
$1,038 / mo
estimated costs
$1,362 / mo
monthly income
CASH AT CLOSING PER SHARE
|
Down Payment
$20,000
|
Closing Cost
$3,600
|
Reserve Fund Deposit
$3,000
|
Total Cash at Closing
$86,600
|
Details
We are thrilled to share our newly updated vacation townhouse with a select group of three co-owners. Located just 9 miles from the magic of Disney parks, this spacious 3-bedroom, 3-bathroom home offers the perfect getaway for families and friends alike. With room to sleep up to 12 people, it provides the comfort and space needed for memorable vacations. The townhouse is situated in the renowned Regal Palms Resort, a beautifully maintained gated community that offers a host of family-friendly activities and amenities.
Regal Palms Resort is truly a gem. As a co-owner, you’ll have access to an impressive range of amenities designed for relaxation and entertainment. Spend your days floating along the lazy river, splashing down the waterslide, or unwinding in the hot tub. The resort also features a large pool, a sand volleyball court for fun and games, a gym for your daily workout, and even an on-site bar and grill for dining convenience. For the kids (and the kids at heart), there’s an ice cream shop right in the resort, adding to the charm of this vacation paradise.
The townhouse itself has been recently updated with modern furnishings and finishes, creating a warm and inviting space to relax after a day of adventure. With three full bathrooms and multiple bedrooms, everyone will have plenty of privacy and comfort. Whether you're lounging in the living room, preparing meals in the fully equipped kitchen, or enjoying the resort’s many amenities, this home is the ideal retreat. Plus, being so close to Disney parks and other Orlando attractions, you’ll always have endless entertainment options nearby.
Owning a share in this vacation home offers more than just a place to stay — it’s an investment in making lasting memories. You’ll enjoy the benefits of co-ownership, with shared costs and responsibilities, while having guaranteed time to enjoy the home throughout the year. Imagine bringing your family to the sunshine and excitement of Orlando, staying in a resort-style community with all the comforts of home. This is your chance to own a slice of paradise!
House Usage
- 4 shares total
- 12 weeks a year per share
About the Organizer
Our love for Florida and passion for exploring new destinations led us to purchase this incredible townhouse, creating the ultimate getaway for us to escape to whenever we need a break. With its proximity to Disney parks and the peaceful setting of the Regal Palms Resort, it's truly become our home away from home — a place where we can relax, recharge, and make unforgettable memories with family and friends.
Over the years, this townhouse has hosted countless joyful moments for our family — from magical days spent at Disney to relaxing afternoons by the resort’s lazy river. It’s become a special place for us to reconnect and enjoy quality time together, away from the hustle and bustle of daily life. We believe that vacations are more than just trips; they’re opportunities to create lasting memories, strengthen bonds, and enjoy life's simple pleasures.
Now, we would love to share this amazing experience with others. By opening up our townhouse to co-owners, we hope others can experience the same joy and happiness that we have found here. Whether it’s your annual family vacation, a weekend getaway, or a spontaneous trip to unwind, this home offers the perfect setting to create memories that will last a lifetime. We are excited to extend this opportunity to you, so you too can experience the beauty of Florida, the comfort of our home, and the countless adventures that await!
Amenities
- Game room
- Hot tub
- Pool
- Porch
House Rules
- No pets
- Firearms allowed
- Short term renting permitted
Ask A Question
Calculated Costs per Share
CASH AT CLOSING PER SHARE
|
Down Payment
$20,000
|
Closing Cost
$3,600
|
Reserve Fund Deposit
$3,000
|
Total Cash at Closing
$86,600
|
This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.
Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.
ESTIMATED MONTHLY EXPENSES PER SHARE
|
Insurance/Taxes
$672
|
Maintenance
$266
|
Utilities
$50
|
Plum Subscription
$50
|
Total Expenses
$1,038
|
ESTIMATED MONTHLY INCOME PER SHARE
|
Monthly Income
$2,600
|
Total Monthly Income
$1,362
|
A good threshold for rental property investment is the 1% Rule (source). It states that you should only invest in rental property if you are reasonably confident that the property can rent for 1% of the sale price per month.
We’ve included that assumption here. It is critical that the group validate pricing, rental history, and future rental projections of any specific property before proceeding with a purchase. You can explore rental incomes of any property with this free estimation tool at Rabbu.com.