Purchase Price $115,000.00 Hotel Room Inside Pool Area
The monthly payments for the 1st year are:
(term is for a total of 360 months with interest adjustment after 5 years)
$ 476 for 5% interest
$ 141 Monthly average principal reduction
$ 250 Maintenance Fees incl. Electric, Water/Sewer, Insurance, other
For a total of $ 867.00 per month
See amortization schedule attached.
Note:
Cleaning/Maid Service, Breakfast, and linen service are NOT included in the monthly payment. Such services are available for additional charges.
The terms are 100% owners financing at 5% interest
Mortgage including principal and interest $625 per month
Electricity, water, internet, cable TV, property insurance and property maintenance $250 per month
Total 875 per month
No down payment and no closing cost