INVESTOR/HANDYMAN SPECIAL!! Come see this 3 bedroom 1. 5 bathroom home conveniently located near the heart of Winter Haven! Built in 1958, this 1, 228 sq ft home sits on almost a quarter acre of land and has PLENTY of parking space for over 8 vehicles without even touching the grass! With updated flooring throughout and an updated kitchen, these changes help to modernize the feeling of the place all together! The backyard holds two storage units. One is your basic metal storage unit. The other is a Smithbilt ELECTRIC "She-Shed/Man Cave" that has been insulated, comes with AC to keep it cold, a small tv in the corner, AND is wired for the internet! What more could you want! Minutes from The Winter Haven Hospital, Polk State College, Downtown Winter Haven, The fun and popular Indredibowl Winter Haven bowling alley, and of course, close drive to over 10 lakes! This home is perfect for INVESTORS looking to buy and flip OR simply add to their portfolio of rental properties! Schedule your private showing today!
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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 | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $224 | $224 | $224 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,010 | $1,306 |
Total Monthly Payment | $1,310 | $1,309 | $1,605 |
* 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.