Incredible opportunity to acquire a first-floor unit facing a conservation area in Wyndham Palms. This unit features new LVP in the bedrooms, new a/c, updated decor, and furnishings. This unit is turn/key meaning everything is included with the sale. Wyndham Palms (also known as Windsor Palms) is considered one of the best values for short-term rental investment property for several reasons. PROXIMITY: Animal Kingdom is 14 min (6. 5 miles) Magic Kingdom is 18 min (9 miles), Disney Springs is 18 min (9. 7 miles), and a Walmart supercenter is 3 miles away. This allows for ease of use and high occupancy rates. GATED: families love it because there is a 24-HOUR manned gate and a well-cared-for community that includes single-family homes, townhomes, and condos. AMENITIES: A key driver for occupancy rates is what the community has to offer. Windsor Palms features a large community heated saltwater swimming pool/spa-style pool, kid's splash pad, basketball court, sand volleyball, tennis courts, tiki bar for drinks, beers on tap, and food, fitness center, large arcade area with ping pong and billiards, playground, picnic & BBQ, gym & exercise room, big-screen video game room, large on-site convenience store, upgraded 58 seat 3D surround sound movie theater. Shuttle service to many area attractions including Disney and Universal. HOA fee also includes internet, cable, trash, water, and pest control. AFFORDABILITY: Finding a 3-bedroom, fully equipped condo with all of these essentials, close to the parks, at this price point is a challenge. You want to find a place you can call home for as long as you like, rent out long or short term, and have it not break the bank. Lastly, the owners have taken great care of this unit; new a/c unit, new flooring, new furnishings, furniture, and the list goes on. This is a turn-key unit, priced to sell.
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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 | $214,000 | $214,000 | $214,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,424 | $1,422 | $1,835 |
Total Monthly Payment | $1,712 | $1,710 | $2,123 |
* 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.