Subject To Deal

Purchase Price: $380,532 (Includes All Furnishing)

PITI (Mortgage Payment): $2,109

Entry Fee: $52,265 (Includes All Furnishing) + Closing Costs

Property Description:

• Property Type: Single Family
• Deal Source: Direct to Seller/Agent
• Beds/Baths: 3/2
• SQFT: 1,622
• Year Built: 1979
• Garage Spaces: 1
• ARV: $350,000
• HOA: None
• Pool: Yes
• Condition: Turnkey
• Closing Date: 03/09/2024
• Access: Schedule with me

Entry Fee Breakdown:

• Cash to Seller/Agent: $30,265
• Furnishing: $12,000
• Arrears: $0
• Liens: $0
• Assignment: $10,000

Exit Strategies:

• Long-Term Rental: $2,000
• Mid-Term Rental: $3,500-$4,500
• Short-Term Rental : $4,205 (currently an Airbnb - rental history available upon request)

PITI Breakdown:

• PITI: $2,109 
• Principal: $406
• Interest: $1,183
• Escrow: $312
• MIP/PMI: $206
• Total Payment: $2,109

Mortgage Information:

• Existing Loan: $296,372
• Loan Mod Amount: $31,895
• Loan Type: FHA
• Interest Rate: 4.7%
• Maturity Date: 06/2052

Notes:

• No HOA
• All furnishing included
• Property currently operated as an Airbnb