Special offer

Reduced Forclosure in Vero Beach! Get $700.00 in rental!

By
Real Estate Agent with Dale Sorensen Real Estate

 Forclosure 2006 home in Vero Beach

Oslo Park would rent for $700.00!

$72,500  

Reduced to $64,500

 GREAT PRICE!!!Bank owned property. Concrete block construction. Over 1400sqft under air. Close to the Thompson Elementary Magnet school.

           

 

Loan Payments Schedule


Shown below are the first 12 payments on a $64,500 loan at 6% amortized for 360 months.

2009   Pay         P & I                                Cumulative      Mortgage
# Payment Principal Interest Interest Balance
--------------------------------------------------------------------------------
 Feb     1        386.71         64.21        322.50        322.50     64,435.79
 Mar     2        386.71         64.53        322.18        644.68     64,371.26
 Apr     3        386.71         64.85        321.86        966.54     64,306.41
 May     4        386.71         65.18        321.53      1,288.07     64,241.23
 Jun     5        386.71         65.50        321.21      1,609.28     64,175.73
 Jul     6        386.71         65.83        320.88      1,930.16     64,109.90
 Aug     7        386.71         66.16        320.55      2,250.71     64,043.74
 Sep     8        386.71         66.49        320.22      2,570.93     63,977.25
 Oct     9        386.71         66.82        319.89      2,890.82     63,910.43
 Nov    10        386.71         67.16        319.55      3,210.37     63,843.27
 Dec    11        386.71         67.49        319.22      3,529.59     63,775.78
            ----------------------------------------                            
2009 Total      4,253.81        724.22      3,529.59                            

2010   Pay         P & I                                Cumulative      Mortgage
# Payment Principal Interest Interest Balance
--------------------------------------------------------------------------------
 Jan    12        386.71         67.83        318.88      3,848.47     63,707.95
            ----------------------------------------                            
2010 Total        386.71         67.83        318.88                            

   TOTALS       4,640.52        792.05      3,848.47                            


Only the first 12 payments of 360 total payments are shown above and are included in the Grand Totals.
Also, the first 12 payments end mid-year 2010, so the totals only include the first 1 months.

 

 

For information contact

Claudia Jaramillo

MarreroTeam.com

772-559-2364

ClaudiaSellsFlorida@gmail.com

Anonymous
David Boswell III

Good afternoon,

Sorry to inconvience you I'm writing from Iraq, So the price is 64,500, would I be able to keep the 6% interest or would the bank lower it? If they lowered it that much lets see if the drop it to 58,000 or 60,000. Also 10 % of that is 6,000 but I would use my VA loan and I would want to rent this out, how many offers have you had on this property?

Jun 13, 2009 05:17 AM
#1