Location counts!!! Near the Executive Airport in Orlando, View small airplanes and VIP jets park nearby, morning and night - wow a beautiful sight. Newly renovated solid built block and stucco house with 3 bedrooms, 2 baths with cute layout, new vinyl plank floors throughout; granite countertops on the kitchen. Roof was replaced in 2018. Location, location, location in one of Orlando's most exciting neighborhoods. Just a few blocks from award-winning restaurants, micro-breweries, shops, groceries, banks, gyms, gas stations and sports outdoor parks. Less than two miles from Lake Eola, the Doctor Phillips Center, Central Business District, Thornton Park, the Milk District, the Hourglass Disctrict, Audobon Park, Mills 50 and Colonial Town. Quick and easy access to 408 expressway and I-4 makes it easy to commute anywhere to Downtown and Orlando. . Needs a tenant that will pay rent on time, take care of the place. If it is of interest call to request application. Criteria: have steady employment, good rental references and make 2. 5x the rental monthly payment in monthly income. Decent credit but not lower than 560. No rental evictions, judgments or bankruptcies. Application fee is $40/adult and is completed and paid for online. Approval process is 24hrs from receipt of application. Property is ready.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950
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 | $1,560 | $1,560 | $1,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $13 |
Total Monthly Payment | $85 | $85 | $88 |
* 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.