Purchase Terms per Suite |
20% Down |
10% Down |
Sales Price (price for example only) |
$ 170,000 |
$ 170,000 |
Down Payment |
-34,000 |
-17,000 |
Mortgage Balance |
$ 136,000 |
$ 153,000 |
Estimated Monthly Payment |
|
|
Principal & Interest at 6% for 20 years |
$ 975.00 |
$ 1,096.00 |
Property Taxes |
348.00 |
348.00 |
Property Owner's Association Fees |
137.50 |
137.50 |
Total Monthly Payments |
$ 1,460.50 |
$ 1,581.50 |
Estimated Cash Required |
|
|
Down Payment |
$ 34,000 |
$ 17,000 |
Closing Costs & Prepaid Items |
4,000 |
4,000 |
Total Cash |
$ 38,000 |
$ 21,000 |
Selected offices are available to lease, per terms below:
- Starting at $1,700.00 per month
- Minimum lease term of 3 years
- $3,000 deposit
- 3% increase per year
- Owner to be responsible for project operating expenses, exterior, electrical, plumbing, and HVAC maintenance.
- Tenant shall be responsible for electricity, telephones, internet, and janitorial.