Welcome to Blue Flamingo Paradise, the ultimate turnkey investment opportunity for Airbnb entrepreneurs! This stylish 3-bedroom, 2-bathroom retreat with a private pool is perfect for generating steady income while offering guests a stylish experience. Being sold fully furnished and professionally staged this property stands out in the short-term rental market.
Financially, the property has demonstrated impressive performance, generating over $51k in revenue in the last 12 months, with almost $32k in the last 6 months alone. Projections for 2024 anticipate earnings of $65, 000. These numbers are particularly impressive considering the property has only been active on Airbnb for a year, with the initial period dedicated to securing reviews and ramping up reservations. With a stellar rating of 4. 81 stars on Airbnb, guests consistently rate their experiences highly.
The home itself has also been beautifully updated and features an inviting outdoor oasis with a new Intex above-ground pool, fire pit, outdoor dining area, and lounge space, ideal for relaxation and entertaining. The garage has been converted into a game room with air hockey, foosball, and wall tic-tac-toe, ensuring fun for guests of all ages. Even in the summer, guests in the garage game room stay cool with a portable air conditioner. Additionally, the property is equipped with family-friendly essentials, a well-equipped kitchen, and new laundry appliances.
Currently a licensed Airbnb managed by a local Superhost, with future confirmed bookings, Blue Flamingo Paradise presents an immediate income opportunity and a proven track record of success. Don’t miss your chance to invest in this profitable and picturesque property. Secure your investment in Blue Flamingo Paradise and start reaping the rewards!
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,900
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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $382 | $382 | $382 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,320 | $2,207 | $2,812 |
Total Monthly Payment | $2,777 | $2,664 | $3,269 |
* 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.