INVESTOR ALERT! TWO PROPERTIES ON 1. 24 ACRE OF CLEAN LAND AND WITHOUT HOA IN ORLANDO!! This property is ideal for investors who are looking for a good investment with land to remodel and rent in Orlando and that their property continues to increase in value over the years. The first property is a 2 bedroom, 1 bathroom Mobile Home with 516 sqft that needs to be remodeled and the second property is a large property with 1000 sqft approximal and built with aluminum and can be used to raise animals, as a warehouse, as a garage for cars or if you want to have another property to rent you can make it another property to obtain another income. It also has 3 chicken houses and a lot of clean land space for you to develop whatever you want on it. The land is closed with a wire fence, has a septic tank and a water well. Electricity available. Super wide entrance that allows the entry of trailers, or heavy load cars. The place or neighborhood is super quiet and is one of the most sought after currently for its land and its proximity and at the same time away from the noise of the city of Orlando. We have a survey and Mobile Home with land title. **TITLE IS CLEAR**NOT IN FLOOD ZONE***. A very exclusive opportunity that if you are looking for it you should not miss it because it will not last long on the market. ! WE ONLY ACCEPT CASH OR HARD MONEY LENDER!
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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 | $144,000 | $144,000 | $144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $982 | $957 | $1,235 |
Total Monthly Payment | $1,156 | $1,131 | $1,409 |
* 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.