This uniquely designed 3-bedroom, 2-bath home boasts an array of upgrades from a brand-new roof, plumbing, kitchen to flooring. The home offers an exceptional opportunity for investors looking to secure their financial future, generate lucrative returns, and build generational wealth. With a flexible layout, the property includes a main unit (2 bed, 1 bath) and a separate back unit (1 bed, 1 bath) with its own private entrance—ideal for a rental or multi-generational living! It can also be a cozy start up home. It has everything you need for comfortable living.
Perfectly suited for long-term or short-term rentals, this low-maintenance home is located in a prime area with easy access to all downtown, amenities and entertainment, to he busiest financial district of Orlando, major businesses, I-4, and the expressway. Enjoy the freedom of no HOA fees and low taxes!
Sitting on a spacious lot, there’s room to cultivate your own fruit and vegetable garden—a unique feature for urban living. Don’t miss out on this incredible opportunity to take over a recently updated, income-generating property that’s ready for you to start reaping rewards!
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Our Executive Mortgage Banker:
Our Insurance Division:
$264,900
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 | $211,920 | $211,920 | $211,920 |
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 | $97 | $97 | $97 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,392 | $1,787 |
Total Monthly Payment | $1,582 | $1,564 | $1,959 |
* 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.