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Updated about 1 month ago,

User Stats

610
Posts
283
Votes
Aristotle Kumpis
Pro Member
  • Real Estate Coach
  • Lake Forest, CA
283
Votes |
610
Posts

Ocala Brand New Home - 3.75% Interest Rate - $269,900

Aristotle Kumpis
Pro Member
  • Real Estate Coach
  • Lake Forest, CA
Posted

Ocala is a great rental market. Homes here lease up very quickly. It's an hour north of Orlando and is about 40 minutes from The Villages. We have been helping investors get into brand new homes here for 5 years. This is a great buy and hold market. The builder is offering a 3.75% conventional loan! DM me for more details.

-$269,900 purchase price

-1,400 Sq ft single family home

-3 bedroom/2.5 bathrooms

-Rents range from $1625-$1725 per month

-2 years of free property management

-2/10 builder warranty

-Concrete block construction

-Not in a flood zone (no flood insurance required)

-3.75% 10 year ARM conventional loan being offered (1.25 points to be paid by buyer)

-Or 4.25% 30-year fixed conventional loan being offered (1.25 points to be paid by buyer)

-Estimated cash flow is $300/month

  • Aristotle Kumpis
  • Offering
    Orlando, Florida