🏠💵 Subto 5.75% IR LTR/PAD SPLIT CASH FLOW 🎯📊

🏠 Property Info

• 4 Bed
• 2 Bath
• 1,886 Sqft
• 0.41 Acres

💵 Deal Breakdown

• Mortgage Balance: $364,723
• Loan Type: VA
• Interest Rate: 5.25%
• PITI: $2,251
• Seller Finance: $166/mo
• Seller Finance Amount: $10,000 over 5 years 0% INTEREST
• Total PITI w/ Seller Carry Back: $2417
• Refinance or Sell: 15 year balloon
• NO HOA

📊 Entry Fee Breakdown:

• Assignment Fee: $19,500
• Cash to seller: $25,000
• Total entry fee: $44,500 + CC/TC

⛔️ Other Terms

• Seller rent back for 60 days post-close until 04/01/24. Seller will pay mortgage for 2 months
• $5,000 hold back until vacant

📐 Exit strategy

• LTR $2,600.00
• PAD SPLIT! Add 1-2 bedroom value add o $680 a room x 5 bed = $3,400 gross rents!
• WRAP
• Group Home/Sober Living
• FLIP with Minimal Investment

Located just 5 minutes from HCA Florida Brandon

Hospital & 20 minutes outside of TAMPA FL!

Entry Fee: $44,500 + TC fee and CC

COE: 02/15/24

EMD: $5,000 Non - Refundable