**BUYER FINANCING FELL THROUGH** **GUARANTEED RENTAL INCOME THROUGH OCTOBER 2024** The uniquely private, corner lot of this 8/7 pool/spa home, with all new appliances as of 2021 and one-year home warranty included, in the gated, resort-style, short-term-rental community of Reunion West makes it ideal for an owner occupant or savvy investor. Privacy is extremely rare in short term rental communities, but this property really stands out above and beyond with the possibility of assuming the current loan with a 2020 interest rate (lender approval required). Not only is the privacy and private pool, attractive, but the fact that this well appointed vacation home is only a 15 minute drive (6 miles) from Disney property without paying on-property Disney prices for vacationers! With membership to Encore Reunion Club House, enjoy the Waterpark, Sports courts, Gym, East side amenities (playground, splashpad, additional sports courts and grills that can be reserved), Restaurant & Bars, Arcade, Concierge Services, Kid's Club, Bike Rental, Daily entertainment and activities, as well as complimentary shuttle to theme parks. Even without membership to the Club House, there are so many services included in ownership: security, executive daily trash removal, cable, internet, landscaping and pest control, including a termite bond. This property is partially furnished, so you can make it your own and enjoy resort style living yourself, or put your finishing touches on it to begin your short term rental investment/business.
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Our Executive Mortgage Banker:
Our Insurance Division:
$714,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $571,999 | $571,999 | $571,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,902 | $3,854 | $4,904 |
Total Monthly Payment | $4,281 | $4,233 | $5,283 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.