As we do not know the final sale price, let's use $89,900 x 3.5% downpayment (FHA) or $3147 downpayment. At 5.5% interest rate your principal and interest monthly payment would be $495. plus additional fees such as mortgage insurance, homeowner's insurance etc.
This monthly amount is pretty close to a monthly rental amount. Perhaps buying would be a good financial move for you to consider? Check with your bank and accountant to determine if you are a prime candidate to purchase this home.
You may have room to negotiate on the price. It's also crucial to get a thorough inspection to ensure any issues with mold or system problems haven't been correctly property.
Click on the link below to see the properties that are active, pending and sold in the past 6 months in the Forest Manor subdivision:
If you would like help finding the right home, please call or email, 813.244.9898 or Alma@SoldOnTampa.com
Also you can browse active listings for free on my website, sign up for a Listingbook acccount:
All the best,
Alma Rose Kee, PA
Future Home Realty