3 Foxchase 9.29 acres 3.15 acres USABLE

Status: Available Available: 2007-05-10
Plan Type: TO BE DETERMINED
Seller/Builder: 29213
Prop. Type: New Sq. Feet: 0
Category: Commercial Building Stories: 0.0
Ex. Finish: Brick Suites: 0
Yr. BLT/REM: 2007 Parking: Parking Lot
Misc: 3.15 Ac. of useable commercial land at the entrance of Fox Valley. This is a community where a team of architects, engineers, environmental consultants, and land planners have come together to create an environmentally sensitive as well as pedestrian oriented along with amenities for families of today and tomorrow. With 525 scheduled homes this project is the natural site for pizza delivery, sub shop, movie rentals, drop-off dry cleaners or even a gas station. With the ever growing areas around Crestview this location is less congested than the locations currently off Hwy 85 S. and the soon growing area of Hwy. 90 W. Currently phase I is complete and phase II is ready for homes permits expected late 2006 for phase III and IV. When complete this will be the site for many of the home owners and other residents to stop and shop on their way to the home in the evenings.

Sale Price: $890,000 Interest Rate: 6.000%
Down Payment: $178,000 Total DW PMT & CC: $192,240
Term: 30 Year (360 Months)
Fin. Notes: ESTIMATED RENTAL INCOME BASED ON A 3000 sf BUILDING BETWEEN $8-$18sf. THIS IS FOR THE PURPOSE OF ENTERING IN THE MR SITE.
Mortgage Amount: $712,000

Sample Monthly Payments
Percentage down payment: 10% 5% 20%
Interest: $4,005.00 $4,228.00 $3,560.00
Property Taxes: $108.28 $108.28 $108.28
Assoc. Fee: $0.00 $0.00 $0.00
Management Fee: $292.50 $292.50 $292.50
Mortgage Insurance: $0.00 $0.00 $0.00
Homeowner Insurance: $0.00 $0.00 $0.00
Total Monthly: $4,405.78 $4,628.78 $3,960.78
These numbers are based on certain interest rates and tax rates that are
subject to change without notice. Use these numbers for rough comparisons only,
see your lender for the most accurate good faith estimates.

Projected Rental Income
Low: $2000.00 High: $4500.00

Cash Flow
At 10% Down Low: $-2,405.78 High: $94.22
At 5% Down Low: $-2,628.78 High: $-128.78
At 20% Down Low: $-1,960.78 High: $539.22

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