$25,000Asking price
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NEXKEY COLLECTIVE
NexKey Collective Deals - Kristie DeLouise
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ARV $411,000
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6% SUBTO | MOVE-IN READY MOORESVILLE HOME | COMMUNITY POOL + ONLY $25K ENTRY
Address: 112 Kingsway Dr, Mooresville, NC 28115
Property Type: Single-Family Residence
Beds: 3
Baths: 2 Full / 1 Half
Living Area: 2,236 Sq Ft
Year Built: 2019
Stories: 2
Lot Size: 0.19 Acres
Garage: 2-Car Attached Garage
Subdivision: Kensington Village
HOA: $54 / Month
Multi-Unit: No
Furnished: No
Pool: Community Pool
Occupancy: Vacant at Closing
Property Condition: Move-In Ready
Purchase Price: $410,342
Entry Fee: $25,000 + CC + TC
Entry Percentage: 6.09%
Mortgage Balance: $385,342
Interest Rate: 6.00%
Monthly PITI: $3,211
Seller Financing: None
Balloon Payment: None
PITI: $3,211 / Month
Total Monthly Payment: $3,265 / Month
The HOA is independently supported at approximately $54/month ($650 annually). Community amenities include a pool/cabana, playground and pond.
Estimated Average LTR: $2,104 / Month
Estimated Average STR: $3,342 / Month
LTR Spread vs. Monthly Payment: -$1,161 / Month
STR Spread vs. Monthly Payment: +$77 / Month
Rental figures are projections. Spreads are before utilities, vacancy, management, maintenance, STR fees and other operating expenses.
Move-In Ready Condition
Open Floor Plan
Spacious Upstairs Loft
Large Primary Suite
Walk-In Closets
Granite Kitchen Countertops
Center Island
Stainless Steel Appliances
Gas Fireplace
Fenced Backyard
Central Air
Natural Gas Heating
2-Car Attached Garage
Public Water & Sewer
Community Pool / Cabana
Playground
Community Pond
Vacant at Closing
No Seller Financing
No Balloon Payment
Existing Mortgage Remains in Place Subject-To
6.00% Existing Interest Rate
$25,000 Entry + CC + TC
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILIGENCE.
Figures from the seller unless a line says otherwise. Verify before you close.
3 bd · 1 ba · 1.4k sqft
MOORESVILLE, NC 28115
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