We haven't seen a model home leaseback in the Lakewood Ranch Country Club for some time. This type of investment was quite common several years ago. With the overall inventory reducing in the Country Club this type of investment may work for you. This kind of purchase allows you to take advantage of the low prices and low interest rate now and take possession later. If you have any interest please contact me or one of my team members for more specifics. Here is a quick look at what is available.

1. The Beauvais model on a lake lot is $449,990 furnished with a 10% guaranteed income of $3,159/ month if the closing is by August 15, 2010. The Beauvais will lease through Aug 31, 2011. So the income will atleast total $37,908. The builder will have an option to renew for an additional 8 months, on a month to month basis, if they should desire to continue its use as a model home through a maximum end time of April 30, 2012. Possible maximum income of $63,180.
2. The Calais model unfurnished for $359,990 with a 10% guaranteed income of $2,527/month if the closing is by August 15, 2010. Same terms for the Calais with an income of at least $30,324. Possible maximum income of $50,540.
3. The Newgrange furnished model is $499,990 with a 10% guaranteed income of $3,510/month if the closing is by August 15, 2010. Newgrange thru February 28, 2011. So the income would be at least $21,060. With an option to extend an additional 8 months on a month by month basis until a maximum end time of Aug. 31, 2011. Possible maximum income of $42,120.
4. The Charleton II furnished model is $599,990 with a 10% guaranteed income of $4,212 if the closing is by August 15, 2010. Charleton II same terms. Income of at least $25,272. Possible maximum income of $50,544.