Welcome to this exciting INVESTMENT opportunity! This spacious home, located in a desirable location, is perfect for those with a vision for renovation and a keen eye for potential. With a generous layout and attached IN-LAW SUITE, this property offers multiple options for income generation or multi-generational living. In-law suite is accessible via its own PRIVATE entrance and features one large bedroom, one full bathroom, its own kitchen and living room. Ideal for RENTAL INCOME or extended family living. Main home features 3 beds/2 baths, and 2 living areas and CERAMIC TILE throughout. Kitchen in main home has been updated and includes WOOD cabinets, STAINLESS STEEL APPLIANCES, and GRANITE countertops. While the home is in need of TLC, the bones are strong, and the possibilities are endless. Whether you're a savvy investor looking to flip, a homeowner wanting to create your dream space, or someone looking to add a rental unit, this property provides incredible value and flexibility Home is situated 15 minutes from ORLANDO INTERNATIONAL AIRPORT, minutes away from shopping, dining, and entertainment!! NO HOA!! Solar panels $114/month!!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,999
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 | $279,999 | $279,999 | $279,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $43 | $43 | $43 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,839 | $2,344 |
Total Monthly Payment | $1,981 | $1,957 | $2,462 |
* 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.