Fully remodeled and beautifully quadplex, a rare find in a high-demand area. The property features resort-style amenities, including a pool, and offers outstanding flexibility for both short-term and long-term rentals. This versatile quadplex includes: TWO 2-bedroom, 1-bath units, and two studios. Each unit has been thoughtfully renovated. Strong rental income based on both short-term and long-term strategies impact windows and a new roof, offering peace of mind and storm protection. The property offers plenty and convenient parking on both sides of the property.
Below is a market analysis for short term and long term credit:
estimated market rent
2/1 $2500
Studio $1600
total expected rent $8200 monthly
Airbnb analyzed total income $12,000-$14,000
5100 NE 17th Ter, Fort Lauderdale, FL, 33334
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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