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Excellent investment opportunity with immediate cash flow! Built in 2020, this well-maintained duplex offers flexibility for both investors and owner-occupants. One unit is leased at $1, 800/month, providing immediate rental income, while the second unit is currently occupied on a month-to-month lease, giving the new owner the option to continue renting or owner occupy through a house-hacking strategy. At full occupancy, the property has the potential to generate $43, 200 in gross annual rental income. Each unit features 3 bedrooms, 2 bathrooms, open-concept living spaces, modern finishes, tile flooring, and durable concrete block construction. The low HOA of $165/month includes internet and cable. Conveniently located near schools, shopping, parks, hospitals, and major roadways with easy access to Kissimmee, Lake Nona, Orlando, and area attractions. Whether you're expanding your investment portfolio or looking to offset your mortgage by living in one unit while renting the other, this property offers exceptional value. Please do not disturb the tenants. Lease information and additional financial details are available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $481 | $481 | $481 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,377 | $2,470 | $3,249 |
| Total Monthly Payment | $2,933 | $3,026 | $3,805 |
* 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.