Investment Opportunity! This 4BR/2BA vaulted cage pool home is listed as a 3BR/2BA because the current owner uses the converted garage as an Owner’s Closet for this Short-Term Rental home.
Rare opportunity to own a completely remodeled TURNKEY home only 3 miles from downtown with Airbnb/Vrbo bookings already on the calendar. Let your vacation home make money for you while continuing to appreciate in value! AirDNA projects the annual revenue at over $67K with operating expenses under $23K.
You’ll love the privacy this property provides! The entire backyard is surrounded by Areca Palms and the front of the home faces the Foxfire golf course across the street.
$50 Annual HOA fee with no limitations on Short-Term Rentals. You won’t find this kind of property this close to downtown.
Double sliding doors open to the large heated pool and vaulted cage out back! The entire home has been updated!
The house is being listed fully furnished and completely turnkey so everything stays. It is rent ready and already has bookings on the calendar. Also includes a website.
Come see this fabulous property as it’s sure to go quickly!
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William Raveis Mortgage, LLC
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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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $283 | $283 | $283 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,674 | $4,716 |
Total Monthly Payment | $4,095 | $4,049 | $5,091 |
* 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.