Overview
- 4 Bedrooms
- 2.5 Bathrooms
- 2,125 ft
- Year Built: 2016
Description
Entry fee: $19,750 + TC & CC
Cash To Seller: $9,750
Realtor – $0
Arrears: $0
Assignment: $10,000
Info:
Turnkey
4 bed / 2.5 bath
ARV $400,000
Mortgage Info:
Underlying 1st Mortgage: $359,960
Interest Rate: 5%
PITI: $2,811.46 (Changing to $3,197.79 on Mar 1 to make up escrow shortage)
EMD: $6500
HOA – $40/m (Minimum 30 day rentals)
• LTR $2,350
• MTR (Furnished Finder) $3,500 – $4,500
• Wrap estimated cash flow $600+
• Would make a great homestead for someone who wants a beautiful turnkey home for very little money down
Best Exit strategy: To be determined by end buyer. Rental numbers are estimates only.
• 10 minutes to Oklahoma Heart Hospital
• 15 minutes to University of Central Oklahoma
• Edmond, OK is a very desirable and well sought after area!