Do not miss this unique opportunity to own a brand new income producing property. This Duplex has 3 Bedrooms and 2 Full Bathrooms with a huge Laundry Room in each unit, 1-car Garage. Modern design with plenty of room for a growing family, enjoy 10 feet ceiling all throughout the property. This is the perfect property for you, at its current construction stage you will have the opportunity to choose materials and design it however you like it most. You will have the unique opportunity to add your individual touch to the property. Lowest priced duplex in the area per square footage. Builder has Banks you can get pre-approved for and builder is offering closing costs assistance. This Duplex is located less than 12 Minutes from I-75, less than a mile from Daniels Pkwy and 82. This Duplex offer a service door in the garage for any future projects, design in a way to generate the most amount of rental income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,770
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 | $471,816 | $471,816 | $471,816 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $33 | $33 | $33 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,139 | $3,136 | $4,045 |
Total Monthly Payment | $3,264 | $3,261 | $4,170 |
* 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.