829 E 5TH STMolalla, OR97038
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Property Description
Great Financing Options!* Use $30,000 seller credit* FHA financing* Assume 2-1 buydown * 4.5 year 1 = $3,911/month * 5.5 year 2 = $4,383/month * 6.5 year 3 ? 30 = $4,879/month* $799,950 price* 3.5% Down* Using Smartasset.com to determine property taxes - $7,840/year or $653/month* Estimated $150/month for Home-Owners insurance* Monthly MI using FHA will be $360/month* Assume $2,650/month rent for 1 side 1st year PITI = $5,074 Net out of pocket per month at $2,650/month rent = $2,424/month PITI for the owner 1st year Investment Opportunity! With this Beautiful Brand New Construction Townhouse style Duplex by Double Down Development Inc. right in the heart of Molalla! Walking distance to parks, trails, dining, groceries and schools. 3 bedroom 2.5 bath plan with a loft. Laundry room upstairs for convenience. Open floor plan on main level is perfect for gathering and entertaining. Complete with separate, fully landscaped fenced- in irrigated back yards, As well as Fire suppression Systems in each unit.
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Financial Data
Total $50,050 drop