Diamond in the ruff. Good bones. New metal roof. The house and the yard needs work. The open pool is the focal point of this two bedroom two bath home. Large bonus room with glass sliders lead you out to the fenced in backyard with your private inground pool. (The pool machinery needs to be replaced and the pool needs to be cleaned). Does not seem to have leeks. Back inside you will find the kitchen open to the dining area as well as the bonus room. Master bedroom has built ins and two closets for lots of storage. EnSite bath has tub/shower combo. The guest bedroom and bath are adjacent to the master. Large interior laundry room provides for more storage. Back outside there is a carport and shed. Not in a flood zone and on city water and sewer. The owner is willing to finance with a good down. Let me say it again. The home needs work. Maybe before you move in. The owner is willing to work with you. Great investment. Specially if you are handy. Great Flip.
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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** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $191 | $191 | $191 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $946 | $957 | $1,214 |
Total Monthly Payment | $1,212 | $1,223 | $1,480 |
* 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.