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Investor's Delight in Troy, NY! Explore the potential of this 3-unit property that spells opportunity for those with a keen eye for investment. Strategic Location: Situated in Troy, this property offers a location primed for future growth. Your investment is anchored in a community with potential upside. Income-Producing Asset: This 3-unit home is a steady income generator. With individual meters for each unit, you have control over utilities, offering a straightforward approach to property management. Investor-Friendly Infrastructure: The inclusion of individual meters adds a layer of convenience for investors looking for a hassle-free management experience. Diverse Potential Tenants: The property's three units allow for flexibility in attracting a diverse range of tenants, ensuring consistent rental income. Opportunity Awaits: This property holds the promise of potential. As an investor, you have the chance to add value and make strategic decisions for future returns. Embrace the potential of this investment opportunity it's a canvas waiting for your vision. Act now and shape this property into a cornerstone of your investment portfolio in Troy!, Below Grnd Sq Feet: 845, ExteriorFeatures: Outside Lighting, Heating: Gas, ROOF: Asphalt Shingles, Unfinished Square Feet: 845
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $321 | $321 | $321 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $953 | $952 | $1,228 |
Total Monthly Payment | $1,348 | $1,347 | $1,623 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.