Close It!™ House of the Week: Great location in a fabulous building

Close It!™ House of the Week: Great location in a fabulous building
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 taking a look at a studio condo located within walking distance of Dupont Circle, Logan Circle and the U Street Corridor. It's listed at 204,500.

At just 322 square feet, this unit is ideal for someone who will spend much of their time out and about in the city. It was last renovated in 2000. The 1920s era building also offers a gym and a roof deck as well as a 24/7 concierge.  

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $47,912.17. Monthly payments will then be around $1,243.57 per month, including HOA dues. 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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