INVESTORS ONLY - Don't let this one pass you by! Discover an unparalleled opportunity with this extraordinary 5. 4-acre property, offering a rare blend of versatility and charm. Set on a picturesque rolling hill, this unique estate features three well-maintained homes and a barn, making it perfect for investors. The main residence is a spacious 3, 081sqft raised ranch, boasting 4 bedrooms and 3 bathrooms, ideal for hosting family gatherings or enjoying peaceful living. Further up the drive, two cozy ranch homes await! One with 1124sqft, 2 beds and 1. 5 baths and one that is a 964sqft 2bed, 1. 5 bath. They each provide additional rooming or rental options. All three homes are currently rented with fantastic, financially stable tenants, presenting the opportunity to increase rents to $2, 380/mo for the main house, $1, 569/mo for the 2bed ranch, and $1, 569/mo for the 2 bed ranch to make it an even more worthwhile investment. With expansive open spaces perfect for recreation, relaxation, or creating your own outdoor paradise, this property offers flexibility for new owners. Tenants are on month-to-month leases, allowing for an easy transition for you to write up your new lease that will generate you cashflow on day 1. Don't miss out on this exceptional opportunity-schedule your showing today and envision the endless possibilities this remarkable estate has to offer! Tenets pay their own utilities. More info available at: www. homeinct. com
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $643 | $643 | $643 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,661 | $3,658 | $4,445 |
* 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.