Overview
- 3 Bedrooms
- 2 Bathrooms
- 2,111 ft
- Year Built: 1952
Description
✌🏻🔥SUBTO 🔑TURNKEY 💰2.75% IN TAMPA FL📍🏠🔥
🏠Property Description:
Single Family Home
Beds 3
Baths 2
SQFT: 2,111
Year Built: 1952
Vacant
💵Purchase Price: $599,000💵
Entry Fee: $90,000 + TC & CC
Includes commission & assignment
Mortgage Balance: $425,000 @ 2.75%
PITI: $3,733.63
Principal: $868.20
Interest: $973.99
T&I: $1,891.44
2nd NOTE BALANCE: $84,000 @ 0%
Monthly NOTE Payment to Original Seller: $500
BALLOON PAYMENT on 2nd NOTE DUE: DEC 2025, unless market appraisal does not support a sufficient ReFi, then DUE is pushed 12 months later (i.e. 12/26)
2nd NOTE HOLDER is open to pushing balloon out 5 years to Dec 2029. Her price is: $30,000 cash now, 0% note becomes a 7% note
Grand Total PITI: $4,233.63 w/ 2nd note
EMD: $5,000
Exits:
LTR, MTR, Airbnb, etc.
AIRDNA Projected Revenue: $74,000. ($6,166/m)