TURNKEY cottage used for Airbnb/VRBO with bookings that extend out 6 months -Both Airbnb and VRBO with exceptional reviews and super host status. This home offers 2 bedrooms and 1 bath. (city plans show 1 bedroom 1 bath, but house has a bonus-room, which is actually being used as the second bedroom). Both rooms have king size beds. Spacious Walk-In Shower. Comes fully furnished and is door is equipped with keyless entry system that works with your phone. All future bookings will be cancelled in the event of an owner occupied buyer or if buyer wants to continue with the Airbnb, seller will help with the smooth transition of future bookings. Owner will take the time to show new owner all they need to know about the rental daily operations. Cleaning person will continue with new owner, if he wishes. This beautiful cottage is located in the historic district of Mount Dora, within 5 min drive to the downtown. It is located in one of the most beautiful wooded area of the city of Mount Dora. Built in 1932, this charming house was remodeled with modern features but kept its historic beauty. Nicely furnished. AC unit is 2 years old. Electrical panel is new. New appliances. Washer/ dryer in unit. There is enough parking spaces for 4 cars or even an RV or Boat. The rear is fully fenced, Fire Pit with Adirondack Chairs Seating surrounds and is the perfect spot for making Smores or grilling over an open fire. The house backs up to a Natural preserve and it's just a little piece of heaven!
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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 | $239,200 | $239,200 | $239,200 |
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 | $290 | $290 | $290 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,051 |
Total Monthly Payment | $1,956 | $1,955 | $2,416 |
* 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.