Exciting investment opportunity in the Harbor Heights community that I believe aligns perfectly with your vision for a strong ROI. Located in Harbor Heights, this 2177 sqft home boasts 3 bedrooms and 3 baths, offering the potential to become a dream home for a new owner. While the property did sustain some water damage, rest assured that the remediation process is already underway. This home features solid bones and impressive features such as a 2019 roof, an 80 ft seawall, an owned solar system, and an enclosed lanai with heating/cooling. Additionally, the whole house was re-piped in 2023, and in 2019 new HVAC, hurricane shutters, and an electric panel were installed. Included in the sale is the golf cart. It does need to be inspected. One of the standout aspects of this property is its southern exposure on the serene Peace River, providing a picturesque setting for future residents. I believe that with your keen eye for investment opportunities and your vision for maximizing ROI, this property holds great potential for a successful venture.
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | $325 | $325 | $325 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,774 | $1,665 | $2,159 |
Total Monthly Payment | $2,174 | $2,065 | $2,559 |
* 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.