PENDING SALE as of 10/22/23

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Turn-Key SUB-TO DEAL  |  2.75% FIXED INTEREST - MESA AZ

Located in a gated community near 202 & University rd. This turn key home is being sold with financing already in place. No hard money needed - Buyer just pays a flat entry fee & takes over fixed 30-year mortgage at 2.75%, no qualifying, no credit checks, no lenders needed.

Turn key condition & ZERO REHAB NEEDED!!!

2 BED 2 BATH 1,400 SQ FEET

ARV / Retail Market value = $440,000 - $450,000

Sub to Terms & Price:

Buyer Entry Fee = $89,500

Remaining Mtg Balance = $248,000

Current Home Value = $395k - $415k

Instant Equity = $60,000+

Fixed Interest Rate = 2.75%

Loan Payoff Date = 11/1/2050

Monthly PITI = $1,296 ( Includes Principal, Interest Tax & Insurance )

Area Rental Rates = $2,000 / Month

Cashflow Est. = $700 / Month

Comparable sales within 0.5 mi or less:

534 N Palo Verde Mesa, AZ 85207 ( Sold 10/10/2023 $517,600 )

8034 E Casper St Mesa 85207 ( Sold 10/9/2023 $460,480)

327 N 76th Pl, Mesa, AZ 85207 ( Sold 8/8/2023 $360,000 )

309 N 82nd Way Mesa 85207 ( Sold 6/15/2023 $385,000 )

205 N Seymour Mesa 85207 ( Sold 6/8/2023 $375,000)

Area Rental Rates: $1,600 - $1,700 / Month

FOR QUESTIONS OR TO SUBMIT AN OFFER ON THIS PROPERTY

CALL OR TEXT (704) 396-5042



Closing Deadline:

Closing with Magnus Title, closing deadline on or before 11/30/2023

Disclosure and Next Steps:

Property is currently occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by us at least 72 hours in advance. Upon acceptance of the winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/assignors financial interest.