Close It!™ House of the Week: Sunny 1 Bedroom in Adams Morgan

Close It!™ House of the Week: Sunny 1 Bedroom in Adams Morgan
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 venture over to Adams Morgan, recently named one of the country's Top 10 neighborhoods, to check out a beautifully renovated 1-bedroom condo with fireplace. It's listed at $379,000.

The unit is located in an historic, full service building and features 10-foot ceilings as well as a renovated kitchen with stainless steel appliances and vintage hardwood floors. It's just steps away to the bustling 18th street corridor where plenty of restaurants and quirky shops await. 

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $89,213.17. Monthly payments with carrying charges would then be around $2,209.01 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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