Investment opportunity. Nestled within the NE region of Ocala FL. Only 13 minutes away from the I-75. Income producing property. Total of 4 units rented out long term. Unit 1: 1Bed/1Bath plus Bonus/Den/Office room with its own kitchen and living space area. Unit 2: 1Bed/1Bath with kitchenette and living space area. Unit 3: 1BED/1Bath plus Bonus/Den/office room with its own kitchen and living space area. Unit 4: 1Bed/Studio/1Bath with its own kitchenette. Roof is from 2021, A/C 2022. Renovated property is surrounded by the Ocala National Forest with a multitude of lakes, rivers, trails, natural springs, camping, national forest Silver Springs which is great for kayaking, boating and outdoor activities shopping and restaurants, and more within a few short miles, the outdoor fun never has to end. Nearby are grocery stores, medical center, pharmacy, hardware, gas station, pizza delivery, Laundry Mat, horseback riding and other conveniences. All measurements are approximate. Schedule your appointment today and find out more details about this property.
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Our Executive Mortgage Banker:
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$459,990
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 | $367,992 | $367,992 | $367,992 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $408 | $408 | $408 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,479 | $2,446 | $3,103 |
Total Monthly Payment | $2,962 | $2,929 | $3,586 |
* 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.