Under contract-accepting backup offers. PRICE REDUCED!!! OWNERS MOTIVATED!!! Fully Furnished, Turnkey, Short Term Rental Opportunity. Almost a 9% Cap Rate @ current price w/ $46, 613. 00 NOI!!! Watersong offers the savvy investor all the amenities to attract top-of-the-line vacationers. The Resort-style community pool gives a welcome reprieve to the Park weary visitor. Up for a game of beach volleyball? Watersong, has you covered. Looking to stay buff on your vacation? The clubhouse gym has the equipment to get that pump. Once you visit this beautiful, income-producing home you will understand why it stays booked. The home is designed and decorated with a welcoming, easy-to-maintain decor. Two Owner Suites, one downstairs and the other up, allow for multi-generational visitors the additional bedrooms have a variety of decor. The little ones will love the Mickey & Minnie room while the adults can reside in the elegantly decorated rooms that any owner can appreciate. The kitchen is laid out with an island prep station and can handle the largest family meal or just a late-night snack. The downstairs living room gives the resident a place for peace and quiet while the loft in the place the young or young at heart to hang out and play. Should you want to chill by your private pool you are in luck. The extra-large screened-in lanai offers the opportunity to grill and feast by the crystal-clear pool that will accommodate the whole crew. Once the chef is finished serving the meal, they can reax in the heated spa that spills into the pool. Talk about privacy, this beautiful home backs up to green space so you have no backdoor neighbors. Everybody is happy at the end of the day. By the finish of the stay, all the guests are planning their next vacation to this wonderful home. Only 30 minutes from Disney property. Convenient to shopping and everything Central Florida has to offer. Now is the time time to commit to improving your financial future and making the family happy too! 2023 P&L financials available with signed NDA attached. Room Feature: Linen Closet In Bath (Primary Bedroom).
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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 | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $386 | $386 | $386 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,590 | $2,523 | $3,281 |
Total Monthly Payment | $3,068 | $3,001 | $3,759 |
* 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.