Great opportunity on this 4 bedroom, 3. 5 bath end unit townhome in Regal Palms. This aggressively priced unit is approved for short term rental, Airbnb, or owner occupied. Main floor bedroom has its own separate entrance with full bath and can be rented separately. Primary bedroom upstairs has a walk-in closet, full bath and balcony overlooking the courtyard. All exterior maintenance is covered by the HOA making this great investment easy to own. Highland Reserve includes heated pools and a lazy river with slides, a sauna, steam room, fitness center, restaurant, arcade, ice cream parlor, and so much more! The luxurious clubhouse (located less than . 5 miles from the property) offers a leisure experience like no other, providing you with a lazy river, water slide, and an arcade room. Adjacent to the Highlands Reserve Golf Club, golf enthusiasts can indulge in their favorite pastimes. The magic of Orlando's star attractions is within your grasp, only 10 miles from Disney's Animal Kingdom and a short drive from SeaWorld (19 miles) and Universal (23 miles). In Regal Palms, every day feels like a vacation.
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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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,482 | $1,462 | $1,855 |
Total Monthly Payment | $1,862 | $1,842 | $2,235 |
* 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.