Location - Location. This townhome condo is located in the heart of Orlando, perfect as a starter home to stop paying rent or as an investment! Two bedrooms, one full bathroom and one half bathroom. New carpet has just been installed in the second floor bedrooms. The air conditioning unit was changed in July 2023. The bathroom cabinets were changed in January of this year. It has a new washer and dryer, new laminate flooring in the dining room, and new lower kitchen cabinets. The entire house has recently been painted, the skirting boards and curtains and blinds have been replaced. The attic insulation was also updated for better energy efficiency. Don't miss this investment opportunity with such a convenient location with easy access to public transportation, approximately 10 minutes from Millenia Mall, and less than 15 minutes approx. from Florida Mall and Universal Epic Universe, the new Universal Orlando park set to open in March 2025. Call now to schedule a tour!
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$170,000
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 | $136,000 | $136,000 | $136,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $136 | $136 | $136 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $905 | $904 | $1,166 |
Total Monthly Payment | $1,116 | $1,115 | $1,377 |
* 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.