💥 New 3.125% Turnkey Subto Property For Assignment in Peyton, CO 💥

🏠 10% Entry - Recently Renovated with Massive 650-1,000/month in Cashflow as Section 8 LTR!

📍 Quick Property Overview:

Size: 1736 SqFt

Year Built: 2000, Recently Renovated

Layout: 3 Bedrooms / 2.5 Bathrooms

Roof & HVAC: Both replaced in 2021

HOA: No HOA - No Rental Restrictions (Zillow has this wrong, 179/month is for residential water & sewer)

COE (Close of Escrow): On or Before February 12th, 2024

💸 Financial Overview:

Total Entry Fee: 49k plus Closing & TC (11% Entry)

Mortgage Balance: 405,389

Interest Rate: 3.125%

PITI: 2,149.96/month

Residential Water & Sewer: 179/month

Section 8 Fair Market Rent (2024): 3,580/month (16% Cash on Cash Return - Proforma Available)

Purchase Price: 454,389

EMD: 5k

🌄 Location Highlights:

Downtown Colorado Springs: 25 min drive

St. Francis Hospital: 10 min drive

Colorado Springs Airport: 20 min drive

Convenience: Walking distance to shopping, parks, and schools

Nearby Attractions: Close to Antler Creek Golf Course, Schriever and Peterson Space Force bases, USAF Academy, and Fort Carson

🚀 Investor's Edge:

High Cashflow: 650 - 1000/month positive cashflow with Section 8 LTR

Turnkey & Renovated: Ready for immediate occupancy

Low Interest Rate: Attractive 3.125% rate with 11% entry fee

No Banks, Tax Returns, or Credit Checks Needed!

📞 Contact for More Information:

Coreyonte Turner

Email: Coturner@joehomebuyer.com

Phone: 402-840-7321

Courtesy of Joe Homebuyer Gulf Coast