Attention Investors! Discover this charming 1-bedroom, 1-bathroom condo in a prime Orlando location, perfect for expanding your investment portfolio or as a first-time homebuyer opportunity. Situated on the second story, this end-unit condo offers a spacious open floor plan with plenty of natural light streaming through oversized windows. The living space is enhanced with ceramic tile flooring throughout, providing durability and a sleek finish. The unit features a well-equipped kitchen with an adjacent space for Laundry Equipment to added convenience, and the bedroom includes a walk-in closet and private deck access—ideal for enjoying the beautiful Florida weather. Enjoy the numerous community amenities, including a large swimming pool, tennis courts, and playground. The condo faces the tennis courts, while the unit’s back offers a peaceful wooded view. HOA fees cover water and trash, offering additional value to residents. Centrally located with easy access to I-4, OBT, and popular Orlando destinations like The Mall at Millenia, Florida Mall, and Downtown Orlando. The property is currently leased at $1, 100 monthly until March 2025 providing immediate rental income for investors. Schedule your showing today to experience all this property has.
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$100,000
William Raveis Real Estate
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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 | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $69 | $69 | $69 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $546 | $532 | $675 |
Total Monthly Payment | $690 | $676 | $819 |
* 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.