INVESTORS ONLY, CASH ONLY. PRICED TO SELL. Needs TLC
*CORNER UNIT.
*NEW ROOF 2020.
*6 bedrooms/ 2 full baths.
*1818 sqft under Air.
*Big lot of 8500 sqft.
*CLEAN TITLE.
*CLEAN Landscaping.
* Need Central AC.
* ON LOCKBOX
*House is HUGE: can be divided into 4/2 + 2/1 ( adding easily an extra bathroom and charging more rent adding much value to the property)+ Extra Large Family Room ( can be converted to 7th bedroom)+Large laundry room +Open kitchen +Large yard on the front and back+ Plenty of PARKING SPACE in back and Front ( fit up to 8 cars or boat or big truck).
*NEED REHAB.
COMPARABLES: ( After Renovation): $520K-$530K to RESELL/ OR up to $4000- $5000 month TOTAL TO RENT.
*220 Florida Ave FLL/$530K.
*3613 SW 1st St FLL/$520K.
*3201 NW 5th Ct FLL/$520K.
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,000
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 | $343,200 | $343,200 | $343,200 |
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 | $732 | $732 | $732 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,283 | $2,281 | $2,894 |
Total Monthly Payment | $3,090 | $3,088 | $3,701 |
* 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.