✌️🏠 SubTo Deal in Gainesville! 3.625%! 🏠✌️

Description

🔥HOT INVESTMENT OPPORTUNITY! 🔥
Sub To📈 in Gainesville, FL! Entry Fee only 32K!! 🤯

☑️ PROPERTY DETAILS

3 Bed
2 Bath
SQFT: 1100 sqft
Built 1985
Rent: 2k-2.2k/mo
Closing: 6/10/24
Vacant at Close
$32k Entry Fee + $500 TC Fee
☑️ MORTGAGE DETAILS

Interest Rate: 3.625%
Remaining Loan Balance: $162,902
PITI: $1,443.52
Principal: $295.52
Interest: $492.10
Taxes & Insurance: $655.90
Insurance Currently $3k annually, we got a quote for $1.3k annually
PITI After Insurance is Stabilized: $1,307.78
☑️ INSPECTION REPORT & INSURANCE QUOTE AVAILABLE BELOW ⬇️

☑️ COMPS

2027 SW 73rd St, Gainesville, FL 32607

Rents $2.2k/mo- 3/2 1350 sqft

1024 SW 76th Terrace, Gainesville, FL 32607

Rents $2k/mo- 3/2 1148 sqft

7317 SW 21st Pl, Gainesville, FL 32607

Sold $230k- 3/2 1108 sqft

Inspection Report
https://s3.us-east-2.amazonaws.com/sendlift/property-documents/10328_2004%20SW%2073rd%20Ter%20inspection%20(1).pdf
Insurance Quote
https://s3.us-east-2.amazonaws.com/sendlift/property-documents/10329_2004%20Quote.pdf