DON'T MISS THIS OPPORTUNITY! Big ticket items completed. Well maintained 3 units consisting of 1 one bedroom, 1 large two bedroom and 1 large 2 bedroom with a bonus room. The heat has been seperated for you and switched from oil to natural gas with new heating systems in each unit in 2016 & seperate electric. The siding on the entire house has recently been completed! Bathroom has recently been renovated in one unit & the freshly updated vacant unit would be a perfect fit for an owner occupy or for an investor to maximize income with market rent, one unit also has a rent increase in place. Insulation has been done throughout the building, basement cleaned out along with installation of vapor barrier and added crushed stone. Great commuter location in the village of Penacook, minutes to downtown Concord and newly developed area off exit 17 on I93 including a brand new Market basket, gas station, Dunkin Donuts, NH liquor store, close proximity to trails, ponds, lakes, rivers, mountains for all the outdoor enthusiasts. Current rents are under market value. Agent interest
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $644 | $644 | $644 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,373 |
Total Monthly Payment | $3,380 | $3,377 | $4,092 |
* 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.