Miami Tenanted Property For Sale With Non-Status Finance. Dont M (ZPOC-T1455010)

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Property
22/05/2013 - réf 54958
Professional announcer
» Sale
» Apartment
67844.9603€
Rooms number :2
Address : (View map )

Cutler Ridge

United States

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AT Last, Miami Investment Properties Within Everyone'S Reach That Includes, YOU, Jon Last week, while out shopping, I got chatting to my Swedish friend, Jon. He's been looking to invest in Florida for some time now. But, of course, no one's prepared to lend him the money. Well, Jon, I have some news. Remember I told you I just might have something for you You laughed, but I did have this up my sleeve and was just finalising the due diligence. If you can find 70% of the purchase price, you could be the proud landlord on a luxury Miami apartment or townhouse. The developer will guarantee the other 30% via a non-status loan, and there are long-term tenants and on-site, hassle-free management in place. The Courts at Bayshore are classy, two- and three-bed apartments with vaulted ceilings, patios, balconies and lush landscaping. There's a modern kitchen and bathroom. And all in a gated community at Cutler Bay. 30% Loan-TO-Value Non-Status Finance However, it's the investment opportunity you'll love the most. Buy now and not only are your 2012 council taxes paid, but you'll also enjoy that 30% Loan-to-Value Non-Status Finance. In short, this means that once you've got 70% of the purchase cost available, you're Guaranteed to have the other remaining balance financed no questions asked. The other key factor here is that The Courts are tenanted long-term and, for a fee of just 8%, you get on-site property management. You just let it and forget it. Your tenants will love the location right next to Black Pointe Marina, great shopping, schools, dining and major expressways. As part of the Isles of Bayshore, they also enjoy all the amenities of the exclusive clubhouse. Top Community This incredible gated community features three unique floor plans and is centrally located in South Miami, Cutler Bay near the Florida Turnpike and US-1. The Courts at Bayshore offers manicured landscaping, excellent customer service and maintenance, a tranquil community, and beautiful residences at an affordable price. Standard features include impact glass, window treatments, complete Whirlpool appliances with washer and dryer, walk-in closets, balconies and courtyard views/accessibility, among many other features. What Makes The Courts At Bayshore So Special: Limited Financing Available Tenants In Place Net yield 6-10% Great Location Management In Place Gated Community Clubhouse Communal Pool Lush Landscaping Gym Deal Summary Actual Example (Cash Purchase) 3 Bed Luxury Townhouse Price: $102,000 / Gbp 64,000 Monthly Income Rent: $1,175 Monthly Expenses Management (8%): $94 Council Tax: Free (2012) Community Fees: $276 Insurance: $0 Monthly Profit Profit Cash in Your Pocket: $805 Net Yield: 9% Deal Summary Actual Example (NON-Status Finance Purchase) 3 Bed Luxury Townhouse 70% Down Payment: $72,000 / Gbp 45,000 Non Status Finance: $30,900 / Gbp 19,000 (Limited Availability) Purchase Price: $102,900 / Gbp 64,000 Monthly Income Rent: $1,175 Monthly Expenses Management (8%): $94 Council Tax: Free (2012) Finance (7% Interest Only) $155 Community Fees: $289 Insurance: $0 Monthly Profit Profit Cash in Your Pocket: $611 Net Yield: 7% How Does The 30% NON-Status Finance Option Work If you don't want to make a full cash purchase, you can take advantage of the 30% Non-Status Finance Option. If you've got a smaller amount of capital outlay or you want multiple units, you can enjoy: 1.70% Deposit 2.30% Non-Status Finance 3.Finance at a rate of 7% per year interest-only 4.After Year 5 Balloon payment (30% Capital) due. When that balloon payment is due, with the Florida market now in the recovery phase, there's a strong possibility that the mortgage market will be fully recovered. This means you can re-finance your investment and might not even need to make the balloon payment. Alternatively, you could look to sell your investment before the balloon payment is due. Simple Purchase Process Investing in The Courts at Bayshore is as easy as 1-2-3. This is all you have to do: Reserve your unit by making a $5,000 deposit to Title Companys secure escrow account. Purchase Agreement will be emailed to you for your review and signature. This is then returned to the US. Title Company prepares final documentation that will be sent to you about two weeks after the initial Purchase Agreement is returned. These documents will be time-sensitive. You need to sign and return to the US, and wire the final balance to Title Companys secure escrow account. Congratulations! You are now the proud owner of your Miami Investment Property Price And Availability Due to the high demand for The Courts at Bayshore and the limited supply, the best units are being reserved daily. In order to avoid disappointment, please contact us today for the latest prices and availability. Testimonial Thank you for showing me around The Courts at Bayshore. I really like the community and I am glad that I was early enough to take advantage of the non-status finance option. Lee Chin, Hong Kong invested in 2 units at the Courts at Bayshore I have been searching for a tenanted apartment in Miami for over two years. Unfortunately, the majority was outside my price range. I am glad that I saw this opportunity. On top of that, I really appreciate that you charge no finders fee and setup my Usa bank account as well. (In Sweden, the company there was looking to charge me $5000 for finders fee) Overall, I must say that your service is simply outstanding. Lars Oland, Sweden - invested in 1 unit at The Courts At Bayshore Hi Alistair, It has been a pleasure and indeed very straightforward dealing with yourself and your company. We are very happy confident that this will work out to be a great investment for us. Jacob and Pamela Watson, United Kingdom - invested in 1 unit at The Courts At Bayshore No Finders Fee Guarantee You can be rest assured that when you purchase a property from that we will not add on a finders fee. The developer/seller is responsible for our remuneration not you. We Cover All Angles We are a full service company and, as such, we make it easy for you to purchase at The Courts At Bayshore. Below you will find a list of some of the services you can expect when you purchase a property from . We process all relevant paperwork We open your US bank account We apply for non-resident tax numbers We manage the property on your behalf We find you reliable tenants We provide property maintenance and refurbishment services We provide currency management services to ensure you obtain the best rates We introduce you to taxation specialist that can advise on your specific tax situation We provide Aftercare services from our UK client management contact centre We provide Before and Aftercare. No other Florida property investment specialist provides such a comprehensive service. Be Quick Limited Availability The Florida market is in recovery right now.Investment CharacteristicsTenanted PropertyLifestyle ActivitiesMarinaAmenities and ServicesSwimming PoolParkingClubhouseSchoolsManagementProperty CharacteristicsGated CommunityProperty FeaturesGardenBalconyCourtyardJacuzziLandscaped GardensOff Street ParkingViewsFixtures and FurnishingsDryerKey selling points:Condition: ExcellentCommunal poolCommunal gardenOff Street ParkingDistance from the sea: 30 minsDistance from an airport: 30 mins

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Arkadia
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Number of bedrooms : 2

Number of bathrooms : 2

Number of balconies : 1

Parking : Private

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Price of the real estate or monthly rent if this is a rental or roommate : 67844.9603 €

Date of the last real estate ad update : 22/05/2013