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Investors , this is a very nicely upgraded and renovated rental that will serve you well. Both sides have new LVP flooring throughout. Newer Architectural shingles with 25+ year warranty. Newer vinyl thermal windows for greater efficiency for your tenants. Nice stainless steel stove and refrigerator as well as a stack washer and dryer provided for the tenant. Easy to retain tenants when they have a nice place to live. Both sides are $900 per month. 675 Beaumont is a fresh 1 year lease while 677 Beaumont is a month to month lease. This is an opportunity for a buyer to live on one side while a tenant is contributing most of your mortgage. A great way to get started as a first time buyer too!!! Convenient location to the interstate. Just 20 minutes to the GSP International airport. Also only minutes to dozens of restaurants, shopping, grocery stores, hospital, or enjoy downtown Spartanburg for a ball game , concert or fine dining.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $448 | $448 | $448 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $998 | $1,051 | $1,328 |
Total Monthly Payment | $1,521 | $1,574 | $1,851 |
* 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.