Pensacola Low Interest Rate Subto Property with Multiple Exit Strategies

Description

💥 New Low-Interest Rate Subto Property For Assignment in Pensacola, FL💥

Prime Location for Multiple Profitable Exits – No Banks, Tax Returns, or Credit Checks Needed!

📍 Quick Property Overview:

Size: 1543 SqFt

Year Built: 1988

Layout: 3 Bedrooms / 2 Bathrooms

COE (Close of Escrow): On or Before February 26th, 2024

🌇 Location Highlights:

Downtown Pensacola: Within a 20 min drive

Hospitals & Airport: 20 mins to major hospitals and Pensacola International Airport

Naval Air Station & Beach: 25 min drive

💸 Financial Overview:

Total Entry Fee: 38k plus Closing & TC

Interest Rate: 3.5%

PITI: 1307.89/month

STR Projections: Over 3.5k/month (42.5k/year)

LTR Rates: 1700 – 1900/month

2024 Section 8 Fair Market Rent: 1747/month

Outstanding Mortgage Balance: 164,131

Total Purchase Price: 202,131

Rehab Estimate: 10k – 20k

After Repair Value(ARV): 270k – 290k

EMD: 5k

🏠 Profitable Exit Strategies:

Fix n Flip: Low all-in costs, Light Rehab, Ideal for great profit margins

Buy n Hold: Strong income projections for Long term, Mid term, or Short term rentals

🚀 Investor’s Edge:

Low Interest Rate: Lock in savings with a 3.5% rate

Multiple Exit Strategies: Ideal for a light rehab subto flip or high-income rental (long-term, midterm, short-term)

High Rental Demand: Positioned in a prime location for consistent rental income

Photos:
https://drive.google.com/drive/folders/1Z8MsRX2UCfzeqwinLHLwQx0hyy1DfFhL?usp=drive_link