Investor alert! Cash flow on day 1 on this fully rented tri-plex near downtown WPB, close to the tri-rail, shopping, entertainment & beaches! The tri-plex is a total of 6 bedrooms & 3 full bathrooms & is made up of a single family home in the front of the parcel & a duplex in the rear. The single family is unit 3 & it is a 2/1 with its own private driveway parking & also has a new white vinyl fence enclosing a large concrete patio, laundry shed & side yard. The duplex is made up of two 2 bedroom/1 baths & also has its own private parking w/ 2 spaces each. Both buildings were re-roofed only 3 years ago! They are all individually metered & the single family home has a brand new AC & the duplex has 2 AC mini splits that are only 1 year old. All 3 hot water heaters are also only 1 year old!
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Our Executive Mortgage Banker:
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$820,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $656,000 | $656,000 | $656,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $640 | $640 | $640 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,255 | $4,146 | $5,714 |
Total Monthly Payment | $4,987 | $4,878 | $6,446 |
* 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.