Absolutely incredible investment opportunity with tenants currently in place! This lovely 4 bedroom 2 bath home offers ample square feet and size as well as over a quarter of an acre lot with beautiful fenced yard perfect for entertaining or just relaxing in privacy.
This home is convenient to the University of Central Florida, Valencia, plentiful shopping and dining in the Colonial and Alafaya and Waterford Lakes areas, the 408 and so much more. The current tenants pay $2195 monthly in rent until 9/30/25 so this is the perfect chance to purchase a remodeled investment home that is already income producing.
The previous owners completed upgrades such as new flooring, granite counters and stainless steel appliances, even replacing the roof in 2020. The current owner replaced the HVAC Summer of 2024. There is no Home Owners Association so you can keep your monthly expenses low. This fabulous home also feature Solar panels and the owner is willing to pay the balance off at closing with an acceptable offer.
Well, what are you waiting for?? Call today for a private viewing!
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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 | $303,920 | $303,920 | $303,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $216 | $216 | $216 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,997 | $2,020 | $2,585 |
Total Monthly Payment | $2,288 | $2,311 | $2,876 |
* 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.