No HOA. Great investment property, Current ROI: 9.8% (potential ROI: 10.62%). The property is rented for $6,287 USD/month to a Section 8 tenant (as of December 2024, the government portion is $6,088 USD, the tenant $199 USD and the rent is on time). The rent may be increased to $6,774 USD (Lease renewal date: April 30, 2025).
Management company can be facilitated. Please do not disturb the tenant or knock on the door! Roof 2022, AC 2018.
Spacious Lot 6,000 Sqft.
Type:
Single-family residential
Subdivision:
SUNRISE GOLF VILLAGE SEC
Cooling:
Central Air, Ceiling Fan(s)
Lot Description:
< 1/4 Acre
Pet Policy:
No Pet Restrictions, Yes
Appliances:
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
11520 NW 31st Pl, Sunrise, FL, 33323
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
