Pensacola, FL 💥 Off-Market Seller Finance Deal with Low Entry and Strong Cashflow

Description

💥 Off-Market Seller Finance Deal for Assignment in Pensacola, FL 💥

Low Entry – Turnkey – 4% interest rate – Multiple Exits w/ Strong Monthly Cashflow

🏠 Property Overview:

Size: 1700 Sqft

Year Built: 1945

Layout: 4 Bedrooms / 2 Bathrooms

Roof: 2 Years Old

HOA: None (No Rental Restrictions)

Closing Date: On or before May 29th, 2024

💰 Financials: 💰

Total Entry Fee: 40K plus closing & tc

Total Purchase Price: 350k

Seller Finance: 310K (amortized over 45 years – 13 year balloon)

Interest Rate: 4%

Seller Finance Payment: 1238.70/month

LTR Rates: 2000-2100/month

2024 Section 8 Rent: 2167/month

STR Projection: 3058/month ($36,700/annually at 52% Occupancy – $193/night)

EMD: 5K

Profitable Exits:

LTR/MTR/STR

Wrap or Section 8 Tenant

🌟 Location Highlights:

Downtown Pensacola: 10 min

Naval Air Station: 8 min

Pensacola Airport: 25 min

Perdido Key Beach: 20 min