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388451

4BD 3BA 2752SqFt

2621 Shawnee Drive, Colorado Springs, CO 80922

Single Family Home

Listing Provided By
Michael Tinlin of 00032701-Classic Residential Services

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395000

6BD 4BA 3290SqFt

4630 Lasater Trail, Colorado Springs, CO 80922

Single Family Home

Listing Provided By
Liane M Parker of 00005009-The Cutting Edge

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Active

429364

4BD 3BA 3873SqFt

2635 Shawnee Drive, Colorado Springs, CO 80922

Single Family Home

Listing Provided By
Michael Tinlin of 00032701-Classic Residential Services

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Charles Vinson, Realtor® Peak Side Realty LLC

Charles Vinson, Realtor®

Associate Broker |FA 100078317

GET MORE INFORMATION

Charles Vinson, Realtor® Peak Side Realty LLC

Charles Vinson, Realtor®

Associate Broker |FA 100078317

<script>
  $('.home .md-button-banner').before($('.home .md-home-nbr'))
  $('.home .md-button-banner').after($('.home .recently-sold'))
  $('.home .recently-sold').after($('.home .home-mid-banner'))
  $('.home .home-mid-banner').after($('.home .md-quick-search'))
  $('.md-search-groups .tab-header').append('<a href="https://coloradohometrust.chime.me/listing/rent-to-own-in-colorado-springs?utm_source=Website">Rent to Own</a>')
</script>

<script>;$(".market-title ").text("MARKET TRENDS")</script>

<script>
  //--RENT TO OWN CALCULATOR--//
  $('.listing-detail div.calc-content').wrap('<div class="own-rent">');
  $('.listing-detail span.ceil-price').prepend('<span>Purchase: </span>');
  var loan_term = 360;
  var purchase_price = parseInt($('span.sold-price').text().replace(/\D/g,""));
  var prop_tax_month = parseInt($('span.info-title:contains("Tax Amount")').next('.info-data').text().replace(/\D/g,"")) / 12;
  var hoa_value = $('span.info-title:contains("HOA Fees")').next('.info-data').text();
  var hoa_month = 0;
  var interest_rate = rateTable(purchase_price);
  
  //Caclulate HOA Fee based on monthly, quartly, or annual dues
  if (hoa_value.indexOf('/mo') != -1) {
    hoa_month = parseInt(hoa_value.replace(/\D/g,""));
  } else if (hoa_value.indexOf('/qua') != -1) {
    hoa_month = parseInt(hoa_value.replace(/\D/g,"")) / 3;
  } else if (hoa_value.indexOf('/ann') != -1) {
    hoa_month = parseInt(hoa_value.replace(/\D/g,"")) / 12;
  }
  
  //Calculate Rent to Own lease based on purchase price, interest rate, property taxes, and HOA fee
  var pi = purchase_price * (interest_rate / 1200) / (1 - (Math.pow(1/(1 + (interest_rate / 1200)), loan_term)));
  var pit = pi + prop_tax_month;
  var rent_to_own = Math.round(pit + hoa_month);
  
  //Format Rent to Own lease price for Currency
  rent_to_own = rent_to_own.toString().replace(/(\d)(?=(\d{3})+(?!\d))/g, '$1,');

//Only display Rent to Own lease price if between $200k-$400k
  if ( purchase_price >= 200000 && purchase_price <= 400000 ) {
    $('.listing-detail .own-rent').append('<div class="calc-content"><a href="https://www.coloradohometrust.com/rent-to-own-program?utm_source=Website"><span class="r2o-price">Lease: $' + rent_to_own + ' /mo*</span></a></div>');
  }
  
  //Find interest rate based on purchase price
  function rateTable(purchase_price) {
    var rate;

if ( purchase_price >= 200000 && purchase_price < 225000)
      rate = 7.05;
    else if ( purchase_price >= 225000 && purchase_price < 250000)
      rate = 6.67;
    else if ( purchase_price >= 250000 && purchase_price < 275000)
      rate = 6.29;
    else if ( purchase_price >= 275000 && purchase_price < 300000)
      rate = 6.20;
    else if ( purchase_price >= 300000 && purchase_price < 325000)
      rate = 5.85;
    else if ( purchase_price >= 325000 && purchase_price < 350000)
      rate = 5.75;
    else if ( purchase_price >= 350000 && purchase_price < 375000)
      rate = 5.70;
    else if ( purchase_price >= 375000 && purchase_price <= 400000)
      rate = 5.30;

return rate;
  }
</script>