Post on 02-Jan-2016
Real Estate ProjectReal Estate Project
By: Stephanie TurcoBy: Stephanie Turco
andand
Blair Griffin Blair Griffin
17374 Sapp Place JUPITER,FL 33405
Our Property
Property Features:Property Features:•Single Family Property •Area: 5100 •Subdivision: JUPITER GARDENS •Complex Name: JUPITER GARDENS •County: PALMBEACH •Detached •Contemporary •Single story •Year built: 1985 •3 bedroom(s) •2 bath(s) •2 full bath(s) •Secondary bedrooms split from master bedroom •Dining area •Great room •Living/dining room combination •Approximately 1200 sq. ft. •Master bedroom is 14 X 11 •2nd bedroom is 11 X 10 •3rd bedroom is 11 X 10 •Kitchen is 14 X 9 •Living room is 15 X 13 •Clothes dryer
•Clothes washer •Washer/dryer hookups •Ceramic tile flooring •Central air conditioning •Central heat •Electric heating •Walk-in closet(s) •Pets allowed •Window treatments •2+ parking spaces •Garage •RV parking •Composition roof •Fenced •Biking/fitness trail •Approximate lot is 80X100 •Lot size is between 1/4 and 1/2 acre •Western exposure •Electric service available •Public sewer service •Public water supply •Sold "as is"
Location
Purchasing InformationPurchasing Information
Home Cost: $200,000Home Cost: $200,000
5% Down: $10,0005% Down: $10,000
Loan Amount: $190,000Loan Amount: $190,000
Loan InformationLoan Information
Loan Program: 3/1 ArmLoan Program: 3/1 Arm
Interest Rate: 4.125%Interest Rate: 4.125%
Lender: WachoviaLender: Wachovia
Payment: Monthly Principle and Payment: Monthly Principle and Interest Interest
AppreciationAppreciationPercentage RatePercentage Rate Annual Annual - - Loan Loan Gross Gross
Profit Profit
12% 24,000 10,000 14,00012% 24,000 10,000 14,000
18% 36,000 10,000 26,00018% 36,000 10,000 26,000
24% 48,000 10,000 38,00024% 48,000 10,000 38,000