SELLER IS MOTIVATED TO SELL. BUYERS OR INVESTORS THIS TURN-KEY
DUPLEX IS READY FOR YOU. Already income producing with secure tenants at $2, 325 a month gross rental income. Future rental increases possible. Once leases expire your choice to convert property to a thriving B and B will be primed and ready to go. Daytona Beach is the destination place for Bike Weeks, Spring Breaks, and scores of Vacationers and Snowbirds. Owner has completed upgrades including just installed (July 1, 2024, brand new top of the line Rheem AC Units with air handlers and NEST thermostats. In addition, a new roof is 2 years young, key new drain and water lines, that include lines out to the city hook up. Outdoor and indoor shutoffs in case of emergencies. New
gas plumbing. Nice renovation complete one duplex side new kitchen cabinets, stove, backsplash, sink, and new flooring throughout. Bathroom tub restored, new vanity with sink and fixtures. Units have enclosed front porches as well as one unit has an enclosed step off kitchen great room that can be used for entertainment and or converted to a bedroom or an office. Also, a large screened in patio
is attached to units. Newly built storage shed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$309,000
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 | $247,200 | $247,200 | $247,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.273% | 5.278% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,562 | $1,502 | $1,955 |
Total Monthly Payment | $1,990 | $1,930 | $2,383 |
* 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.