Overview
- 3 Bedrooms
- 2 Bathrooms
- 1,640 ft
- Year Built: 1999
Description
💥 Turnkey Subto Property for Assignment in Destin, Florida 💥
4.625% Interest Rate with Strong LTR/MTR Cashflow – 5 Mins from the Beach!
🏡 Property Overview:
Size: 1640 Sqft
Year Built: 1990
Layout: 3 Bedrooms / 2 Bathrooms
HOA: 485/quarterly (30-day Minimum Stay for Rentals)
Status: Owner Occupied, Vacant at Close
Closing Date: On or before April 23, 2024
💰 Financials:
Total Entry Fee: 90k plus CC&TC
Interest Rate: 4.625%
PITI: 3041.64/month
Long-Term Rental (LTR) Rates: 3300-3500/month
Mid-Term Rental (MTR) Projection: 3500 – 5000/month
Outstanding Mortgage Balance: 445,231.75
Total Purchase Price: 535,231
EMD: 5k
📍 Location Highlights:
Beach Access: 5 min
Fort Walton Beach Airport: 30 min
Destin Commons: 5 min
Silver Sands Premium Outlet: 5 min