💥 Investor's Dream Property in Hollywood, FL! 💥 🏠

Description

🌟 Property Overview:
📍 Address: Funston St, Hollywood, FL 330194
📏 Size: 2,200 SqFt
🏡 Year Built: 1971
🛏️ Layout: 3 Bedrooms | 🚿 Bathrooms: 2

✨ Key Features:
🏘️ COE (Close of Escrow): On or Before March 22nd, 2024
🏠 Roof: New | ❄️ HVAC: New | 💧 Water Heater: New

📍 Location Highlights:
🌆 Downtown Hollywood: 8 minutes away
🏥 Hospitals & 🛫 Airport: 13 minutes from Fort Lauderdale Airport
🏫 Schools: Nearby private and public schools

💰 Financial Overview:
🏦 Outstanding Mortgage Balance: $525,000
💰 PITI: $3,215.15/month
💰 Balloon: 15 years
💲 Total Purchase Price: $960,000
💼 EMD: $15K
💵 Cash needed to enter: $485,000

📈 Profitable Exit Strategies:
🔨 Fix and Flip: Renovate for higher returns (potential ROI of 30%+)
🏡 Buy n Hold: Strong income projections for Short Term and Mid-term rent

🚀 Investor’s Edge:
🔥 High Rental Demand: Prime location for consistent rental income
💰 Tax Benefit: Potential tax benefits up to $174,545