Why Rent When You Can Buy In Lindenhurst

Dated: 08/19/2017

Views: 115

We have a Duplex by CO on 744 S. 9th Street in Lindenhurst.  Rosemarie Kluepfel from Fairway Independent Mortgage Corporation explained to us how you can purchase this home instead of renting.  

With an FHA 30 year fixed loan, 3,5% down,  with a potential rental income of $1800.00, your out of pocket monthly cost is $1622.61-why rent when you can buy??

This is a great investment property also. Why?  With 25% down, you can rent both sides of this Duplex for $1800. with a net income to you of $764.53.  If you would like to learn more about this call Susan at 631-223-5077 and Rosemarie can help you with more details 631-881-5110

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