📍Green Cove Springs, FL 32043 | Subto / Entry: $48k | MTG $382k / 4.75% INT | Tenant cash flowing $525 a month

Description

💥ATTENTION INVESTORS💥
📍 GREEN COVE SPRINGS, FL 32043

Turnkey Cash Flowing FL Sub-To
ᗔTenant Occupied: $525 Monthly Cashflow

ᗔ Tenant occupied paying $3,500 a month. $525 net cashflow for buyer. Tenant was on lease now MTM / looking to sign lease with new buyer.

ᗔTenant would like to stay with new ownership and sign a new lease. She is eventually looking to buy the home outright from new owner.

Total Price: $421,491.50

Entry Fee: $39,000 + CC + TC

🏡 Property Details:
3 Beds
2 Baths
2,289 sqft
Built in 2010
Earnest Money Deposit (EMD): $5,000
Close of Escrow (COE): May 1, 2024
Escrow: Empora Title
🗝️ Financial Details
Total Price: $421,491.50
Loan Balance: $382,491.50
PITI (Principal, Interest, Taxes, Insurance): $2,906.15/month
Entry Fee: $39,000 + CC + TC
Monthly HOA: $70
⚒️Rental Details:
Tenant occupied, paying $3,500/month
Monthly net cashflow for buyer: $525
Tenant is currently on a lease, now month-to-month, and wanting to sign a new lease with the new buyer
Tenant interested in eventually purchasing the home from the new owner