Presented byNicole Vargas |
INVESTOR'S DREAM! Unlock the potential of this fantastic condo in the heart of St. Cloud, Florida! Prime Investor Opportunity:
This condo comes with a reliable tenant already in place, ensuring a hassle-free and immediate return on investment. Say goodbye to the wait and start reaping the benefits from day one! This condo is within a short distance to schools, making it an ideal choice for parents or guardians. Located on the first floor, accessibility is a breeze. This condo has undergone a stunning transformation! Recent renovations include brand-new windows, cabinets, and granite countertops. The modern and stylish upgrades not only enhance the aesthetic appeal but also increase the overall value of the property. Experience the charm and vibrancy of downtown living! Enjoy proximity to local shops, restaurants, and entertainment, making this condo a hub for the best that St. Cloud has to offer. Convenience is key! This condo is strategically located near commercial centers, ensuring that your tenants have easy access to shopping, dining, and everyday essentials.
Don't miss out on this exceptional investment opportunity! Act fast and secure your future returns. Schedule a viewing and explore the limitless potential of this tenant-occupied gem in St. Cloud, Florida!
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Our Executive Mortgage Banker:
Our Insurance Division:
$163,500
William Raveis Real Estate
Phone: 978.995.0316
Nicole.Vargas@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $130,800 | $130,800 | $130,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $165 | $165 | $165 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $892 | $869 | $1,103 |
Total Monthly Payment | $1,132 | $1,109 | $1,343 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.