2.990% INT RATE SUBTO ✌🏻📊 WINTER HAVEN FL 🏠💵 CASHFLOW STR MTR LTR ⚒️ MINOR REPAIR

🏠 Property Description:

Property Type: Single Family
Deal Source: Direct to Agent/Seller
Year Built: 1956
Beds: 3
Baths: 2
Garage: NONE
Roof Age: 7 Years
HVAC Age: 4 years
SQFT: 1,088
HOA: No
HOA Rules: N/A
Pool: No
Condition: Needs Flooring

ARV: $250,000 (see comps)

💵 Mortgage Information:
Existing Mortgage Loan: $131,000.00
Loan Type: Conventional
Interest Rate: 2.990%
Maturity Date: 01/01/2052

💰 PITI Breakdown:
PITI: $992.38
Principal: $143.97
Interest: $327.86
Escrow: $520.55
Total Payment: $992.38

📊 Entry Fee Breakdown:
Cash to Seller/Agent: $20,000
Arrears: $9,010.94
Liens: $0
Assignment: $15,000
Total Entry Fee: $44,010.94 + CC&TC

🔑 Exit Strategies:
Long-Term Rental: $1,550 (RentCast)
Short-Term Rental: $140 56% Occupancy (AirDNA)
Mid-Term Rental: $1,900 - $2,300 (FurnishedFinder)
WRAP/ LEASE OPTION

📝 Notes:
Mortgage Statement available upon request.
The house will need flooring, could use updating but not necessary.
Access: Schedule with me

🏘️ Comps:

https://www.redfin.com/FL/Winter-Haven/3530-Westwood-Ave-33880/home/46214910

https://www.redfin.com/FL/Winter-Haven/195-Black-Skimmer-Ln-33880/home/173883924

https://www.redfin.com/FL/Winter-Haven/512-Sidney-Cir-33880/home/46221094

EMD:5k Non Refundable
Closing Date: 04/30/2024