Under contract-accepting backup offers. Welcome to this fantastic property zoned for short-term rentals, offering boundless potential for individuals looking for a Vacation home near Disney or Investors. This gem will be sold completely furnished, making it a turnkey operation for those looking to enter the lucrative vacation rental market. But that's not all—SELLER FINANCING AVAILABLE! for your convenience! With a competitive 6% interest rate and an extended 30-year amortization period, securing this property is more accessible than ever. A reasonable 20% down payment opens the door to endless possibilities. Featuring a spacious layout with 7 bedrooms and 4 1/2 bathrooms, this property is designed to accommodate guests comfortably, ensuring a steady stream of rental income. The home is equipped with solar panels to reduce expenses. Are you ready to take advantage of this exceptional opportunity? Don't miss out on the chance to own a piece of the thriving short-term rental market. Act now and make this investment yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.893% | 7.171% | 6.623% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,695 | $2,659 | $3,457 |
Total Monthly Payment | $3,194 | $3,158 | $3,956 |
* 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.