Introducing a fully furnished and equipped investment opportunity in the coveted resort community, Storey Lake - One of the highest performing vacation communities in the Orlando area! Located just 10 minutes to Walt Disney World and 15 minutes to Universal Studios, this property presents itself as an excellent investment opportunity for those looking to capitalize on the growing demand for vacation rentals in the Orlando area. This spacious single-family home, the Santiago model by Lennar Homes, boasts 9 bedrooms and 5 bathrooms, offering an ideal setup for large groups and families, sleeping up to 25 guests. The property's generous living space - The upstairs loft, downstairs living room and entertainment/game room - ensures ultimate comfort and flexibility for groups of any size, while the private pool adds a touch of luxury and convenience to any vacationer's stay. Included with this home is access to the community's resort amenities, including a resort style pool, lazy river, water slides, a splash pad, and a tiki bar that serves food and drinks. Additionally, you'll have access to the indoor fitness center, mini-golf courses, and a children’s playground. A free golf-cart shuttle service will help your guests commute between their vacation rental and the included amenities. The Storey Lake community's reputation for quality living and proximity to popular attractions make it an attractive choice for both investors and vacationers looking for the best experience in the area. Don't miss out on the chance to own a lucrative turn-key investment property in one of Orlando's premier communities. Schedule a private viewing today! Current vacation listing can be found here: https: //landmarkvacationhomes. com/755339/
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $894 | $894 | $894 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,665 | $4,546 | $6,265 |
Total Monthly Payment | $5,651 | $5,532 | $7,251 |
* 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.