10 Year Seller Finance in Mesa,AZ! STR Friendly

Maricopa County, Mesa, AZ, 85212
Sold
Listed at: February 19th, 2024
Price
$950,000
Sq. Footage
4900
Type
Detached
Parking
Attached Garage
Year build
2002
Lot size
0.24 acres
Bedrooms
6
Bathrooms
5
Half Bathrooms
0
Summary

🏠 𝗠𝗲𝘀𝗮, 𝗔𝗭 𝗦𝗲𝗹𝗹𝗲𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 🏠

❗ 𝟭𝟬 𝗬𝗘𝗔𝗥 𝗕𝗔𝗟𝗟𝗢𝗢𝗡 ❗

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CONTACT MATT FOR INTEREST OR QUESTIONS :
630-303-9154

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𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗬 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 :

-📍 Mesa, AZ(85212 Zip Code)
- Single Family
- 6 Bedrooms 🛌🛌🛌🛌🛌🛌
- 5 Bathrooms 🛁🛁🛁🛁🛁
- 4,900 Square Feet
- Salt Water Pool 🏊‍♂️🏊‍♀️
- Entertainers Backyard
- Hot Tub
- Remodeled
- Fully Furnished
- Currently rented for $4,950/m to AirBnb Arbitrage Entity until
  10/24
- Average LTR between $5,000-$6,000
- Estimated Projection STR Annual Revenue of $130k-$140k

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𝗦𝗘𝗟𝗟𝗘𝗥 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗡𝗚 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 :
- $950,000 Purchase Price
- $150,000 Down Payment
- $800,000 Loan Balance
- 5.28% Interest Rate
- 30 Year Amortization Schedule
- $4,431/m Principal & Interest Payment (Seller will lower this to $3,500/m until October 2024)
- Taxes and Insurance Monthly Escrow Estimate of $471/m
- Estimated PITI of $4,902
- 10 Year Balloon
- Balloon Balance of $656,102 After 10 Years

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𝗧𝗘𝗥𝗠𝗦 :
- Cash to Close of $175,000 + Closing Costs
- Cash to Close Breakdown : $150,000 Down Payment + $25,000 Assignment Fee + Closing Costs

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𝗦𝗨𝗠𝗠𝗔𝗥𝗬 :
- $950,000 Purchase Price
- $150,000 Down Payment
- $800,000 Loan Balance
- 5.28% Interest Rate
- 30 Year Amortization Schedule
- $4,431/m Principal & Interest Payment (Seller will lower this to $3,500/m until October 2024)
- Taxes and Insurance Monthly Escrow Estimate of $471/m
- Estimated PITI of $4,902
- 10 Year Balloon
- Balloon Balance of $656,102 After 10 Years
- Cash to Close of $175,000 + Closing Costs
- Cash to Close Breakdown : $150,000 Down Payment + $25,000 Assignment Fee + Closing Costs


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CONTACT MATT FOR INTEREST OR QUESTIONS :
630-303-9154

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Rinse
And
Repeat 🤟

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

Matt Reilly

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Disposition manager