Priced Reduced! Seller Motivated! Beautiful fully furnished condo. If you are an investor looking for additional income this is a great opportunity for you. This hotel/condo offers their own property management company and is available for AirBnb. This unit is located on the 6th floor and it comes Fully-Furnished, with a Turn-Key Hotel/Condo features, it has two full size beds, living room with sofa, and a fully equipped kitchen. StaySky Suites is located on I-Drive which is the center of Orlando tourist area and is walking distance to Orlando theme attractions such as Universal Volcano Bay, Universal Studios, The Wheel at Icon Park, Great Shops & Restaurants. It is also near access to areas such as the Convention Center and the Orlando International Airport. Owners have access during non-peak seasons and can stay up to 14 days a month. The fees include external maintenance, cable, water, electricity and wi-fi. Great amenities such as pool, arcade room, jacuzzi, fitness room, on-site restaurant, bar as well as complimentary shuttle service to theme parks. Excellent rental income opportunity in a great popular tourist destination.
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,950
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 | $95,960 | $95,960 | $95,960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $116 | $116 | $116 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $622 | $614 | $797 |
Total Monthly Payment | $813 | $805 | $988 |
* 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.