Orlando Condo - Perfect for Investors or Residents!
This 2-bed, 2-bath condo in the Cypress Pointe community, located just moments from the Orlando International Airport, Valencia College, major highways, and all the world-famous attractions Orlando has to show, is the ideal blend of comfort, convenience, and investment potential. The open floor plan and granite countertops create an inviting living space. The two spacious bedrooms, including the master bedroom with a walk-in closet, provide ample room for relaxation. Residents enjoy a community pool, 2 tennis courts, a playground, and scenic sidewalks - perfect for enjoying the Florida lifestyle.
Investors take note: The current tenant has a lease until December 5, 2024, and is willing to renew, providing immediate and long-term rental income. Plus, Unit 4100E is also for sale at $146, 900 and is vacant, offering even more flexibility. This condo is a smart choice for both living and investing. Don't miss out!
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$149,900
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 | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $797 | $1,011 |
Total Monthly Payment | $1,027 | $1,026 | $1,240 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.