Close It!™ House of the Week: Cleveland Park charmer

Close It!™ House of the Week: Cleveland Park charmer
Close It™ is the free Web and iOS app that calculates cash to close for buyers and cash in pocket for sellers.
This week we're heading over to Cleveland Park to have a look at an adorable two-bedroom coop that's fully renovated and two blocks from Metro. It's listed at $369,000.

Built-in bookshelves, sliding barn doors and a smartly designed kitchen with gas range help this unit make the most out of its 700 square feet. It has hardwood floors throughout and is filled with natural light. It's a second-floor unit with a view onto a tree-lined street.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $85,565.91. Monthly payments with carrying charges would then be around $2,121.26 per month. For a complete picture of the cash to close, or for a run-down of the seller's side of the deal, plug the numbers into the Web version of Close It™ or download the free iOS app.

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