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With CREATIVE FINANCING or SELLER FINANCING this might just be one of the most ideal turnkey vacation rental investment homes to come available. It has everything to make it successful with lots of theming, attractive amenities, an amazing location across the street from the Solara Resort clubhouse and a short drive to Disney. No wonder the house is always booked. A nice open layout downstairs creates the social hub of the home with a huge kitchen island, comfortable living and dining areas, and sliding doors to the screened and heated swimming pool for indoor and outdoor Florida living at its best. The two bedrooms on the ground floor are ideal for multi-generational travel groups with the five additional bedrooms securely on the second floor. Rental guests have everything they need at home but on top of all this they are just across the street from the Solara Clubhouse which offers a full gym, lazy days at the resort pool and cabanas, fun times at the Flowrider® surf simulator, the splash pad and the baby's play area, group fun at the basketball court, soccer field and sand volleyball court, and any time food and drinks including takeout at the clubhouse bar, restaurant and outdoor tiki bar. Due to its location, there is also plenty of additional parking readily available. Solara Resort is a guard-gated community in the heart of the Four Corners area of Central Florida within easy driving distance of Walt Disney World® Resort and the Universal Orlando Resort. With new theme parks and resort areas opening in 2025, the timing could not be better to secure this amazing vacation property!
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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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $846 | $846 | $846 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,351 |
Total Monthly Payment | $4,926 | $5,137 | $6,289 |
* 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.