115 Mclaughlin AVE FAIRBORN OH 45324

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115 Mclaughlin AVE

FAIRBORN, OH 45324

Suburb: Fairborn

$119,900

4bd

1 - 1ba

1,100sqft

Active

Discover a fantastic investment opportunity in this charming 3-bedroom, 1.5-bathroom house, tucked away in a peaceful Fairborn neighborhood. Positioned on a desirable corner lot, this home offers plenty of potential for savvy investors looking to maximize their return on investment. While the home could use some updating, particularly with new flooring, the potential for increased property value is evident. A long-term tenant has recently vacated the property, providing you with the perfect opportunity to transform this gem into a highly sought-after rental property. The location of this house is second to none, with its close proximity to top-rated schools and local amenities. This convenience will undoubtedly be appealing to prospective tenants, making it easier for you to secure a steady income stream. Don't miss your chance to acquire this prime investment property and create lasting wealth through real estate. Reach out to us today to schedule a private tour and discuss the possibilities this Fairborn home has to offer.

Directions

S. Maple to right on McLaughlin Home is on the Right hand side

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Property Details

General Information

Property Type	Residential
Style	Single Family
Suburb	Fairborn
Zip Code	45324
School District	Fairborn City SD
MLS#	900209

Additional Information

Levels	1 Story
Construction	Vinyl
Lot Dimensions	50 x 125
Total Acres	0.144
Occupancy	At Closing
Semi-Annual Taxes	$605.00

Property Features

Property SqFt.	1,100
Basement	Crawl Space
Garage	2 Car, Detached, Overhead Storage, Storage
Cars	0
Heating	Forced Air, Natural Gas
Cooling	Central

Additional Features

Appliances	Dryer, Range, Washer

Room Information

	Dimensions	Level
Living	12 x 13	1ST
Dining	12 x 11	1ST

Bedroom Information

	Dimensions	Level
Bedroom 2	10 x 11	1ST
Bedroom 3	11 x 9	1ST
Bedroom 4	10 x 12	1ST
Bedroom 5	13 x 12	1ST

Bathroom Information

	Type	Level

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To determine affordability and approximate loan payments, use the button below to reveal the mortage calculator. Please note that when using the form one of either the 'Down Payment Pct' or 'Amount of Loan' fields, but not both, must be set to zero to complete the calculation.

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors®. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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