Call Brandon Jordan 850-758-1236 Realtor

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Monday, September 3, 2007

BUILDER SPECIAL...18-MONTH LEASE BACK...$5,000 TOWARD CLOSING




Available Available: 2008-02-01
Plan Type: Victorian
Seller/Builder: J W Homes, Inc.
Prop. Type: New Sq. Feet: 1,204
Dwelling: Single Family Stories: 2.0
Ex. Finish: Vinyl Siding Rooms: 8
Yr. BLT/REM: 2007 Bedrooms: 3
Family Rm: Yes Bathrooms: 2.0
Parking: 1 Car Garage Attached
Misc: Pre-Sale in a small quaint 13 Lot sub-division. This is the plan that was brought to Southern California in August as a builder special. As promised here is the floor plan, the exterior will be like the picture with the exception of the breezeway which has been added leading to the detached single car garage. This area is in the heart of Crestview and convenient to all shopping and schools. Hurry there are only 1-2 houses per MR guidelines available in the sub-division.

Sale Price: $149,900 Interest Rate: 7.250%
Down Payment: $14,990 Total DW PMT & CC: $17,688.20
Term: 30 Year (360 Months)
Fin. Notes: Property Taxes are bases in this program on the current value.....remember this property will not be assessed value until other than land until 2009 due in Nov 2009. They are restructuring the Florida taxes we have no idea where they will wind up when all is said and done. The county site is okaloosapa.com.....search then you can search by name, address, etc.
Mortgage Amount: $134,910

Sample Monthly Payments
Percentage down payment: 10% 5% 20%
Interest: $815.00 $860.00 $725.00
Property Taxes: $190.96 $190.96 $190.96
Homeowner Assoc. Fee: $0.00 $0.00 $0.00
Management Fee: $87.75 $87.75 $87.75
Mortgage Insurance: $0.00 $0.00 $0.00
Homeowner Insurance: $55.00 $55.00 $55.00
Total Monthly: $1,148.71 $1,193.71 $1,058.71
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: $900.00 High: $1050.00

Cash Flow
At 10% Down Low: $-248.71 High: $-98.71
At 5% Down Low: $-293.71 High: $-143.71
At 20% Down Low: $-158.71 High: $-8.71

Florida Real Estate with Brandon Jordan, your Northwest Florida Realtor and ActiveRain featured Realtor for Okaloosa County since 2007. We provide this information and much more on our site for you at no charge, so please remember us when you're looking to buy or sell real estate.

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