Sellers Motivated to negotiate offers !!! Beautiful property in Kissimmee available! This house with three bedrooms and two bathrooms offers great investment potential thanks to an additional space that can be converted into an independent studio for rent. The area is equipped with all the necessary connections to install a kitchen and can easily be divided with a wall. Please serious buyers interested
Situated in the Simpson area, near the Florida Turnpike and Avenue 417, providing easy access to major highways. Open concept with granite countertops in the kitchen and remodeled bathrooms with modern showers. The rooms, spacious and carpeted, are ideal for both first-time buyers and investors. Possibility of generating extra income or reducing mortgage costs by renting out the converted studio space.
Large terrace perfect for activities and family gatherings. Located in a central and well-maintained area, with a very economical neighborhood association.
This property is perfect for those looking for a comfortable and spacious home, with the added advantage of a possible source of income. Don’t miss this investment opportunity in one of the most convenient and attractive areas of Kissimmee. Contact us for more information or to schedule a visit!
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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 | $300,792 | $300,792 | $300,792 |
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 | $222 | $222 | $222 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,001 | $1,999 | $2,579 |
Total Monthly Payment | $2,298 | $2,296 | $2,876 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.