Income opportunity investment with this 5 unit community property on 1.27 acre property. $100,000.00 +- annual income. Property consist of
Unit A 700 SF one bed, one bath stand alone unit with $1,150.00 Monthly income
Unit B 800 SF Two bed, one bath (Half of Duplex) with $1,200.00 monthly income
Unit C 800 SF Two Bed, one bath (Half of Duplex with $1,200.00 monthly income
Unit D 1,800 SF Three bed, 2.5 bath 2 car Garage (Front half of duplex) with $2,250.00 income.
Unite E 1,800 SF Three bed, 2 bath with carport (Rear half of Duplex) with $2,500.00 income.
3 Bay stand alone building not rented. $4,779 Insurance expense, $10,566 Power and $5321 in taxes annually.
All units are iseperated from the street with a block wall. All units include power and water (Well). Please note a new roof on Units D and E building. New drain field on Unit D and E building. Total electrical upgrade to entire property.
Apopka, FL, 32703
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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