PRICE AND LOCATION, make this move-in -ready two bedroom one bathroom home an excellent opportunity for a first time buyer or investor to immediately start collecting rent, keep it as an Airbnb, or vacation home. The house sits on 2 lots (39, 40). which allows you to park your RV, boat, or BUILD A HUGE GARAGE for all your vehicles and toys. This house comes fully fenced with stainless steel appliances, and a big backyard, as well as one year home protection plan with Home Shield. Centrally located just 300 feet from the well renowned Renninger's Flea Market and 5 minutes from Down Town Mount Dora famously known for all year round fairs, shops and restaurants.
Close distance from FL 429 Connector will make your commute 30 minutes to Orlando, and less than one hour from major Disney's attractions, and beaches in central Florida. Did I mention there is no HOA, So don't miss out on this one, don't wait. Call and schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$209,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $167,200 | $167,200 | $167,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $78 | $78 | $78 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,141 | $1,111 | $1,434 |
Total Monthly Payment | $1,294 | $1,264 | $1,587 |
* 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.