Dan Kaercher

Dan Kaercher

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Closed

$739,900

($179,568 down)
VA

43265 Passagio Lago Way, Indio, CA 92203

5
3
2,416 sqft
PITI Monthly
$3,729.35 /mo

Listing courtesy of: David Colin, HomeSmart

Assumed Rate

6.26%
7.15%

Principal & Interest

$3,513 /mo
$3,849 /mo

What's Special

SERENE
MODERN
GAME ROOM
BALCONY
LAKE VIEWS
MOUNTAIN VIEWS
INVESTMENT OPPORTUNITY
FULLY FURNISHED

Sellers loss is your gain!! Major price reduction!!! Experience the best of both worlds with this brand new, fully furnished home located just across the street from the serene lake with breathtaking mountain and lake views. This stunning home is perfect for those seeking short-term rental investment opportunities, as it is located within the highly sought-after Terra Lago community that allows unlimited short-term rental bookings.Designed with the utmost attention to detail, this home features custom blinds throughout, designer furnishings, electronics, and a game room that can also be converted into an additional bedroom. The exquisite kitchen boasts quartz countertops, a custom backsplash and overlooks the stunning family room, making it perfect for entertaining.Step outside to the brand new modern pool and spa with a dual spillway, custom firepit, custom BBQ area and porch area, and enjoy the picturesque views that surround you. In the master bedroom, you'll find an elegant balcony with spectacular western mountain views. Did I mention that this property comes with solar paid for for the next 20 years!! You'll have hundreds a month on your electricity bills!Located in Indio, the city of festivals, this home is sure to provide a luxurious and comfortable lifestyle. If you're looking for a lucrative investment opportunity, this property can easily generate an instant cash flow with a very attractive cap rate for those in search of a 1031 tax exchange.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$3,729.35/mo
Estimated Loan Balance
$561,502
Cash to close
$179,568
Interest Paid
$70,544

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Unknown
  • Heating: Central, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Terra Lago
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $306.25
  • Tax Annual Amount: $
  • On Market Date: 2024-06-17T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $179,568 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $179,568!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$560,332
Your Cash$179,568
Total Purchase Price:$739,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$3,513/mo
Traditional @ 7.5%
$3,993/mo
You save $480/month ($5,759/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219113088DA

Listing From:

Last updated: 2024-11-08T19:13:18.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.26%
7.15%

Principal & Interest

$3,513 /mo
$3,849 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $179,568 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $179,568!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$560,332
Your Cash$179,568
Total Purchase Price:$739,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$3,513/mo
Traditional @ 7.5%
$3,993/mo
You save $480/month ($5,759/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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