Parkway Palms is a short-term rental community, strategically located in the intersection to Outlet Stores, Town of Celebration and main access to Disney World. This unit is a unique and rare 2 bedrooms to maximize short term vacation rentals with a 8 people capacity, when the 95% of the community is one bedroom only units. The amenities offered for tenants include pool, jacuzzi, BBQ area with gazebo, gym, laundry room, clubhouse, tourist information and vending machines with ample parking spaces, what makes this property a money-making machine offering the best features to visitors in the most convenient location. The condo Homeowner Association includes all Utilites like cable tv, electricity, water, trash collection, ground and exterior maintenance, all amenities maintenance and internet. That's a great advantage to increase owner rental profit. Owner is open to self-manage the property o designates a preferred management company. Unit is not tie to and specific management program, but we can refer the one currently using that has been working perfectly, doing a great job and taking care of the unit very well. Unit is fully furnished and equipped for vacation rentals under existing regulations and permit. Since the unit is a busy rental schedule, please contact us ahead to schedule your touring between bookings. Registered monthly occupancy is 91%
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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 | $183,920 | $183,920 | $183,920 |
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 | $212 | $212 | $212 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,239 | $1,222 | $1,551 |
Total Monthly Payment | $1,526 | $1,509 | $1,838 |
* 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.