Great investment opportunity! This property is tenant occupied and said tenant would be willing to stay with new ownership. Why not invest in something with an already established tenant. Whether you're in for long term rental or a flip you will not be disappointed with this. Taxes are at the 6% rate. Situated On Corner Lot This 2BR/1BA Home Would Be A Good Investment Property. Hardwood Floors With Tile In Kitchen. New Tub Installed April 2018. Home Is Being Sold In "AS IS" Condition. Home Inspection Can Be Done By Purchaser Just For Their Knowledge, But Seller Will Not Do Or Consider Doing Any Repairs Great investment opportunity! This property is tenant occupied and said tenant would be willing to stay with new ownership. Why not invest in something with an already established tenant. Whether you're in for long term rental or a flip you will not be disappointed with this. Text listing agent for showing and combo code. For accurate room dimensions please tour home and measure.
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $63,200 | $63,200 | $63,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $94 | $94 | $94 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $426 | $420 | $533 |
Total Monthly Payment | $595 | $589 | $702 |
* 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.