$621,036Asking price
Flippers would lose money
Works for a flipper at $524,000 or less.
NEXKEY COLLECTIVE
NexKey Collective Deals - Kristie DeLouise
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ARV $650,000
The sales behind this value are shown to members.
Property Details:
Address: 1799 Mill Creek Church Rd, Monroe, NC 28110
Bed/Bath: 5 Bed / 3 Bath
Square Footage: 2,801 sqft
Year Built: 2008
HOA Restrictions: No HOA
Multi-Unit: No
Features + Amenities:
Furnished: No
Pool: Yes
Tenant Occupied: N/A
Monthly Rent: N/A
Est. Repairs:N/A
Financing Details:
Entry Fee (3.19%): $20,000 + CC + TC
Purchase Price: $626,036
Subto Terms
Mortgage Balance: $606,035.79
Rate: 5.25%
PITI: $4,276
Monthly Payments:
PITI: $4,276.00
Total Monthly: $4,276.00
Exit Scenarios:
Est. Average LTR: $2,929
Est. Average STR: $5,142
Additional Details:
Monroe has an active room-rental and PadSplit-style coliving market:
TypeTypical rateSpareRoom / private room$650–$800/month (often utilities included)PadSplit-style (furnished, all utilities)
$226–$263/week (~$980–$1,140/month)
Higher-end furnished rooms~$900–$990/month
..CONTACT:
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 DILLIGENCE
Figures from the seller unless a line says otherwise. Verify before you close.
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