Investment property - TENANT in place until MARCH 2025. Step into the realm of savvy investing with this income-generating gem nestled in Holiday, FL. Pool home with a prime location makes this a smart investment for the future. NEW HVAC (2024) main expense has been taken care of you! As you step through the door, you'll be greeted by an inviting open layout that maximizes space and functionality. Flexible layout with an option for a 3rd bedroom too. Say goodbye to carpet headaches—this home boasts a carpet-free interior, offering easy maintenance and modern appeal. The kitchen is a chef's delight, featuring granite countertops that perfectly complement the crisp cabinetry and stainless-steel appliances. Retreat to the comfort of the bedrooms, each offering ample space and natural light. The primary suite is complete with dual sinks in the bath. Meanwhile, upgraded windows throughout the home not only enhance energy efficiency but also offer added peace of mind and aesthetic appeal. Step outside for poolside fun. The recently resurfaced pool beckons with its crystal-clear waters, offering the perfect spot for cooling off on hot summer days or unwinding after a long day's work. With the added luxury of a pool heater, year-round enjoyment for comfort and relaxation, ensuring maximum enjoyment for your tenants. The fully fenced yard adds privacy and security, while the artificial turf makes maintenance a breeze, allowing you to enjoy a lush green lawn without the hassle of mowing or watering. Convenience is key with a one-car garage providing storage space for vehicles or belongings, while the circular driveway offers ample parking for residents and guests alike. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a smart investment opportunity, this property ticks all the boxes. Don't miss your chance to capitalize on this rare find in Holiday, FL. With its prime location, tenant in place, and impressive features, this income property is for investors seeking both financial stability and long-term growth potential. Take advantage of this opportunity to secure your future and elevate your investment portfolio to new heights.
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Our Executive Mortgage Banker:
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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 | $223,920 | $223,920 | $223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,547 | $1,509 | $1,905 |
Total Monthly Payment | $1,900 | $1,862 | $2,258 |
* 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.