Presented byBroder Team |
Attention INVESTORS! Do not miss this investment opportunity. This very well maintained condo features one spacious bedroom, a nice kitchen, large living room, dining or sitting area and a great tenant already in place! One assigned parking space just outside the unit. Manchester Gardens is the perfect investment opportunity. Easy access to Main Street in Manchester. Easy access to all major highways, shopping and dining as well. Condos in this complex generally rent very easily, making this a plug and play opportunity. Also available is unit 34J in the same complex. Buy one or buy them both. Great opportunity with a great upside!
Type | Description | Level |
---|---|---|
Kitchen | Remodeled | Main |
Living Room | Hardwood Floor | Main |
Primary Bedroom | Hardwood Floor | Main |
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William Raveis Real Estate
Phone: 860.313.1300
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William Raveis Mortgage, LLC
Phone: 860.990.2486
paul.addamo@raveis.com
NMLS Mortgage Loan Originator ID 93047
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $77,600 | $77,600 | $77,600 |
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 | $126 | $126 | $126 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $536 | $516 | $654 |
Total Monthly Payment | $737 | $717 | $855 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.