Immaculate 2-bedroom, 2-bathroom unit located in a highly desirable rental area! This income-producing property is already leased to an outstanding long-term tenant who has been in place since 2024. The lease renews annually every February $1,850 per month.Excellent cash flow and attractive return on investment. A rare opportunity for investors seeking immediate income with a reliable tenant already in place. This is a turnkey investment you don't want to miss a net income 8% ($22000 anual gross)
Complex:
NEWPORT AT LAUDERHILL CON
Common Charge:
$555 Monthly
Amenities:
Clubhouse, Elevator(s), Laundry
Elementary School:
Castle Hill
Middle School:
Lauderhill 6-12
High School:
Boyd H. Anderson
Appliances:
Electric Water Heater, Dishwasher, Electric Range, Refrigerator
2029 NW 46th Avenue, #E202, Lauderhill, FL, 33313
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
