Why Rent When You Can Own?!?
Low-income homebuyers can OWN this 3 bedroom home for approximately $1,000 per month!
(includes principal and interest on a 4.5% 30-year fixed rate mortgage (4.566% APR), taxes, insurance, and lease fee)
About the home: 3 bedrooms, 1 1/2 bathrooms, 1,184 square feet, kitchen appliances included, washer/dryer included, and 1 car attached garage. This home is currently being rehabbed and will have new floor coverings and paint throughout.
With the RMCLT investment, your homeowner investment is only $155,000 (does not include closing costs). Sales price is $195,000.