🔥 Low Entry✌️ SubTo ✌️ Near Raleigh, NC 🔥

Wake County, Zebulon, NC, 27597
Sold
Listed at: January 20th, 2024
Price
$23,949
ARV
$330,000
Gross Margin
$306,051
Sq. Footage
1634
Type
Single-Family
Parking
Attached Garage
Year build
2019
Lot size
0.13 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

Subject To Deal


Purchase Price: $307,000

PITI (Mortgage Payment): $2,100

Entry Fee: $23,949 + Closing Costs


Property Description:

Property Type: Single Family

Deal Source: Direct to Seller/Agent 

Beds/Baths: 3/2.5

Garage: 4

SQFT: 1,634

ARV: $330,000

HOA: Yes

HOA Rules: No rental restrictions seen (buyer to do their own due diligence)

Pool: No

Condition: Turn Key

Closing Date: 02/19/2024

Access: Schedule with me


Entry Fee Breakdown:

Cash to Seller/Agent: $7,748

Arrears: $6,201

Liens: $0

Assignment: $10,000


Exit Strategies:

Long-Term Rental: $1,850

Mid-Term Rental: $2,800

Short-Term Rental: $3,000



PITI Breakdown: 

PITI: $2,100            

  • Principal: $338
  • Interest: $1,223
  • Taxes: $538

HOA: $55

Solar Payment: $0

Total Payment: $2,155


Mortgage Information: 

Existing Loan: $283,051

Loan Type: New Conventional

Interest Rate: 5.2%

Maturity Date: 07/01/2028



Notes:

Instant 23k equity


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Carson Parkhurst

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Disposition manager