Prime Investment Opportunity. High-Yield Townhome in the Heart of Brandon. This exceptional income-generating townhome is a true "cash cow, " bringing in a consistent $2, 700 per month. With no HOA and no CDD this property maximizes your return on investment. Featuring 3 spacious bedrooms 2 full bathrooms and a convenient half bathroom on the first floor this home is designed for both comfort and practicality. The half bath ensures that guests never need to venture upstairs, offering an ideal setup for hosting. Parking is a breeze with two dedicated spaces one covered carport and an additional uncovered space adjacent to the home. The laundry room is conveniently located on the first floor, adding to the ease of living. The fully fenced yard offers privacy and outdoor space for relaxation or entertaining. Situated in the heart of Brandon, this property is close to major shopping centers, hospitals, Publix, Target, and more, making it a desirable location for tenants. Priced to sell, this townhome is available for cash or conventional offers only as it is currently tenant-occupied until 04/30/2025. Drive by to appreciate the location, but please do not disturb the tenants. This is an investment opportunity you don’t want to miss.
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Our Executive Mortgage Banker:
Our Insurance Division:
$265,000
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 | $212,000 | $212,000 | $212,000 |
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 | $285 | $285 | $285 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,818 |
Total Monthly Payment | $1,770 | $1,769 | $2,178 |
* 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.