NEW ROOF! ONLY 1 YEAR OLD!
Charming Duplex with Prime Investment Potential in Lehigh Acres Welcome to 779 Bedford Dr, a fantastic opportunity for investors or owner-occupants in the thriving community of Lehigh Acres, FL. This well-maintained duplex offers an impressive total annual operating income of $43, 875 with a net operating income of $33, 800. 63, showcasing its strong revenue potential. The property is strategically positioned to benefit from the potential for rental increases upon lease renewal, maximizing future returns. Property Highlights: Recent Upgrades: Enjoy peace of mind with a brand-new roof, ensuring durability and longevity. A clean 4-point inspection has recently been performed, meeting insurance requirements and adding further value. Strong Income Potential: With a total annual income of $43, 875. 00 and annual operating expense of $10, 074. 38, this duplex offers a solid income stream and the opportunity for increased profitability with room for rent adjustments. Great ROI / Cash on Cash Returns! Well-Maintained: This duplex has been meticulously cared for, making it a desirable and attractive option for tenants. Prime Location: Situated in the rapidly growing Lehigh Acres area, this property is well-positioned to attract quality tenants and benefit from the area's upward trajectory. This duplex is a promising investment with excellent income potential and minimal immediate maintenance concerns. Whether you're looking to expand your portfolio or find a stable income-producing property, 779 Bedford Dr is an opportunity not to be missed. Contact today to schedule a viewing and explore the benefits of owning this outstanding property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,990
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 | $375,992 | $375,992 | $375,992 |
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 | $370 | $370 | $370 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,501 | $2,499 | $3,224 |
Total Monthly Payment | $2,946 | $2,944 | $3,669 |
* 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.