Investment Opportunity! Leased 2-Bedroom Home Generating $1, 595/Month
Roof 2017, A/C 2019
Attention investors! Don’t miss out on this excellent opportunity to own a cash-flowing property. This well-maintained 2-bedroom, 2-bath home is currently leased for $1, 595/ month, providing immediate income with a reliable tenant already in place.
The home offers a spacious layout with 1, 125 sq ft of living space. The open-concept living and dining areas feature plenty of natural light, leading to a modern kitchen with updated appliances and ample storage. The primary bedroom includes an ensuite bathroom, and the additional bedroom is perfect for guests or a home office.
Outside, enjoy a backyard, ideal for future landscaping or outdoor projects. The attached garage provides extra storage space and convenience.
Located in a well desired neighborhood close to shopping, dining, and major roads, this property is a solid addition to any investment portfolio.
Don’t wait—contact us today to learn more about this turn-key investment and secure your showing!
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Our Executive Mortgage Banker:
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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 | $223,920 | $223,920 | $223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $260 | $260 | $260 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,547 | $1,488 | $1,888 |
Total Monthly Payment | $1,882 | $1,823 | $2,223 |
* 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.