Under contract-accepting backup offers. DING TEA - "Taiwanese Tea House" brings a cup of Taiwan to the heart of Downtown Orlando. Enjoy a Bobo Latte, Milk Tea, Kiwi Juice, Green Tea or a cup of Fruit Tea plus an assortment of other drinks and food. The restaurant opened May 1, 2023 and comes with all of the equipment, inventory and franchise. The restaurant is located on the ground floor (retail) of a hi-rise apartment building in the heart of Downtown Orlando. The construction of the restaurant was completed in early 2023 and the equipment as well as the fixtures are new. The price includes the restaurant construction, equipment, fixtures, franchise, cooler and inventory. The franchise is included but is not required if the buyer wishes to change the concept.
The restaurant is located in a robust area of Downtown Orlando, walking distance to condominiums, apartments, office buildings, the courthouse and the city center "Lake Eola Park". More than 1, 000 residents move into Central Florida every week. DING TEA -"Taiwanese Tea House" is a unique concept to the downtown area and brings a variety of beverages to the Orlando market.
https: //dingteadowntownorlando. net/
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $709 | $691 | $892 |
Total Monthly Payment | $784 | $766 | $967 |
* 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.