Excellent Investment opportunity to buy 2 separate buildings. Main house, front unit is a 3 bed 2 bath, on the side is unit B which is a 1/1 with the attached laundry room. Unit A has a central a/c and other 2 units have window wall units. Back house unit C 1/1 has a huge extra laundry/ storage room on side of the house and is on the alley and has it own garden and privacy. You will love this property for 3 reasons: 1) Situated in the Prime Location Of Hollywood 2) 2 Separate Buildings with 2 Separate Parking Split Streets Access 3) High Return On Investment (ROI) & Positive Cash Flow! Flexible Closing. Only 5 minutes away from Oak wood plaza. All info deemed to be correct but not guaranteed and due diligence should be performed by the buyer and buyer's agent. This triplex is for sale AS IS
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William Raveis Mortgage, LLC
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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 | $492,000 | $492,000 | $492,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $982 | $982 | $982 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,191 | $3,150 | $4,086 |
Total Monthly Payment | $4,265 | $4,224 | $5,160 |
* 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.