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Stunning 2BR/2B Condo in Meadow Gardens

THIS IS THE ONE. Stunning is an UNDERSTATEMENT when describing this beautiful, freshly painted 2BR/2BA condo. This home features granite counters, stainless steel appliances, open kitchen w/plenty of cabinets, tiled entrance way, kitchen & bath. Bedrooms on opposite sides for added privacy & a huge entertainment size deck for perfect for morning coffee or evening BBQing! This complex is just steps from Meadow Gardens Golf course & features 2 guest suites, exercise center, club house, landscaped courtyard, massage room, sauna & even a yoga room! Call today to view.

Rent-to-Own from:
$14,000 down and $1,600/mo

Choose your payment scenario:

         

  Year 1Year 2Year 3Year 4Year 5
Annual Option Fee 14,0001,0001,0001,0001,000
Monthly Payment 1,6001,6401,6801,7201,760
Purchase Price 292,265298,590305,180312,040319,180
Accumulated Down Payment
Down Payment (%)
18,800
6.43%
24,600
8.24%
30,400
9.96%
36,200
11.60%
42,000
13.16%

Based on the initial option consideration and monthly budget, the tenant would accumulate up to $42,000.00 (13.16%) down payment at the end of 5 years. Lease is based on a 1-year term with up to 4 renewable annual terms. Tenant has the option to purchase the home at anytime within 5 years without penalty. Change your Initial Option Consideration and/or Monthly Payment and re-calculate to view different results.

NOTE: The information shown above is based on year-end results. Fixed appreciation is factored into the price after the first year and it will be pro-rated according to the month that the Option is exercised. Total Extra Savings shown above is based on incentives offered by the property owner for all monthly payments made on time, and includes discounts and/or matching credits.



Month

Purchase
Due Date

Option Price

Rent Credit

Final Price

Option Credit

Matching
Credit

Total DP

%
1 Feb 19, 2018 294,785 210 294,575 14,400 0 14,400 4.89%
2 Mar 19, 2018 294,785 420 294,365 14,800 0 14,800 5.03%
3 Apr 19, 2018 294,785 630 294,155 15,200 0 15,200 5.17%
4 May 19, 2018 294,785 840 293,945 15,600 0 15,600 5.31%
5 Jun 19, 2018 294,785 1,050 293,735 16,000 0 16,000 5.45%
6 Jul 19, 2018 294,785 1,260 293,525 16,400 0 16,400 5.59%
7 Aug 19, 2018 294,785 1,470 293,315 16,800 0 16,800 5.73%
8 Sep 19, 2018 294,785 1,680 293,105 17,200 0 17,200 5.87%
9 Oct 19, 2018 294,785 1,890 292,895 17,600 0 17,600 6.01%
10 Nov 19, 2018 294,785 2,100 292,685 18,000 0 18,000 6.15%
11 Dec 19, 2018 294,785 2,310 292,475 18,400 0 18,400 6.29%
12 Jan 19, 2019 294,785 2,520 292,265 18,800 0 18,800 6.43%


Month

Purchase
Due Date

Option Price

Rent Credit

Final Price

Option Credit

Matching
Credit

Total DP

%
13 Feb 19, 2019 295,522 2,730 292,792 20,200 0 20,200 6.90%
14 Mar 19, 2019 296,259 2,940 293,319 20,600 0 20,600 7.02%
15 Apr 19, 2019 296,996 3,150 293,846 21,000 0 21,000 7.15%
16 May 19, 2019 297,733 3,360 294,373 21,400 0 21,400 7.27%
17 Jun 19, 2019 298,470 3,570 294,900 21,800 0 21,800 7.39%
18 Jul 19, 2019 299,208 3,780 295,428 22,200 0 22,200 7.51%
19 Aug 19, 2019 299,945 3,990 295,955 22,600 0 22,600 7.64%
20 Sep 19, 2019 300,682 4,200 296,482 23,000 0 23,000 7.76%
21 Oct 19, 2019 301,419 4,410 297,009 23,400 0 23,400 7.88%
22 Nov 19, 2019 302,156 4,620 297,536 23,800 0 23,800 8.00%
23 Dec 19, 2019 302,893 4,830 298,063 24,200 0 24,200 8.12%
24 Jan 19, 2020 303,630 5,040 298,590 24,600 0 24,600 8.24%


Month

Purchase
Due Date

Option Price

Rent Credit

Final Price

Option Credit

Matching
Credit

Total DP

%
25 Feb 19, 2020 304,389 5,250 299,139 26,000 0 26,000 8.69%
26 Mar 19, 2020 305,148 5,460 299,688 26,400 0 26,400 8.81%
27 Apr 19, 2020 305,908 5,670 300,238 26,800 0 26,800 8.93%
28 May 19, 2020 306,667 5,880 300,787 27,200 0 27,200 9.04%
29 Jun 19, 2020 307,426 6,090 301,336 27,600 0 27,600 9.16%
30 Jul 19, 2020 308,185 6,300 301,885 28,000 0 28,000 9.28%
31 Aug 19, 2020 308,944 6,510 302,434 28,400 0 28,400 9.39%
32 Sep 19, 2020 309,703 6,720 302,983 28,800 0 28,800 9.51%
33 Oct 19, 2020 310,463 6,930 303,533 29,200 0 29,200 9.62%
34 Nov 19, 2020 311,222 7,140 304,082 29,600 0 29,600 9.73%
35 Dec 19, 2020 311,981 7,350 304,631 30,000 0 30,000 9.85%
36 Jan 19, 2021 312,740 7,560 305,180 30,400 0 30,400 9.96%


Month

Purchase
Due Date

Option Price

Rent Credit

Final Price

Option Credit

Matching
Credit

Total DP

%
37 Feb 19, 2021 313,522 7,770 305,752 31,800 0 31,800 10.40%
38 Mar 19, 2021 314,303 7,980 306,323 32,200 0 32,200 10.51%
39 Apr 19, 2021 315,085 8,190 306,895 32,600 0 32,600 10.62%
40 May 19, 2021 315,867 8,400 307,467 33,000 0 33,000 10.73%
41 Jun 19, 2021 316,648 8,610 308,038 33,400 0 33,400 10.84%
42 Jul 19, 2021 317,430 8,820 308,610 33,800 0 33,800 10.95%
43 Aug 19, 2021 318,212 9,030 309,182 34,200 0 34,200 11.06%
44 Sep 19, 2021 318,993 9,240 309,753 34,600 0 34,600 11.17%
45 Oct 19, 2021 319,775 9,450 310,325 35,000 0 35,000 11.28%
46 Nov 19, 2021 320,557 9,660 310,897 35,400 0 35,400 11.39%
47 Dec 19, 2021 321,338 9,870 311,468 35,800 0 35,800 11.49%
48 Jan 19, 2022 322,120 10,080 312,040 36,200 0 36,200 11.60%


Month

Purchase
Due Date

Option Price

Rent Credit

Final Price

Option Credit

Matching
Credit

Total DP

%
49 Feb 19, 2022 322,925 10,290 312,635 37,600 0 37,600 12.03%
50 Mar 19, 2022 323,730 10,500 313,230 38,000 0 38,000 12.13%
51 Apr 19, 2022 324,535 10,710 313,825 38,400 0 38,400 12.24%
52 May 19, 2022 325,340 10,920 314,420 38,800 0 38,800 12.34%
53 Jun 19, 2022 326,145 11,130 315,015 39,200 0 39,200 12.44%
54 Jul 19, 2022 326,950 11,340 315,610 39,600 0 39,600 12.55%
55 Aug 19, 2022 327,755 11,550 316,205 40,000 0 40,000 12.65%
56 Sep 19, 2022 328,560 11,760 316,800 40,400 0 40,400 12.75%
57 Oct 19, 2022 329,365 11,970 317,395 40,800 0 40,800 12.85%
58 Nov 19, 2022 330,170 12,180 317,990 41,200 0 41,200 12.96%
59 Dec 19, 2022 330,975 12,390 318,585 41,600 0 41,600 13.06%
60 Jan 19, 2023 331,780 12,600 319,180 42,000 0 42,000 13.16%