THE OWNER IS OFFERING A $200, 000 CREDIT AT CLOSING TO FURNISH THIS BRAND NEW CONSTRUCTION VACATION PROPERTY! Come see 1443 Butterfly Milkweed Ct settled in Watersong Resort, this home checks all the boxes for an investor! Boasting a floor plan of just under 6400 sf, this home is the largest production home in Central Florida with 15 bedrooms, 15 full baths & 2 half baths. Similar area properties are earning a 10% cap rate with 73% occupancy // $223, 000+ in annual gross rents. The spacious kitchen with plenty of counter space, features two refrigerators, two dishwashers and a wet bar, an ideal setup for catering to large groups. The garage allows parking for three cars & includes a built-in electric car charger! Surrounding the kitchen and living room area, you can find five bedrooms with en-suite bathrooms with two master suites that include walk-in closets and water closets. Back in the living room, be amazed by the view of the extended pool deck and lanai with the privacy of conservation views on a corner and cul-de-sac lot and with a half bathroom conveniently located by the pool. Head upstairs to find the loft area and a second half bathroom for additional living space. The rest of the ten bedrooms with en-suite bathrooms surround the loft. Guests can venture out to enjoy the many amenities that Watersong Resort has to offer including a resort style pool & spa, fitness center, basketball & volleyball courts, a cybercafé, game room, playground & picnic area. A short drive of about 20 minutes to Disney World and to any of Orlando’s many attractions including Sea World, Universal Studios, plenty of shopping and restaurants! Call today to schedule your showing.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,920 | $1,279,920 | $1,279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,731 | $8,408 | $11,415 |
Total Monthly Payment | $8,964 | $8,641 | $11,648 |
* 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.