💥 Fully Furnished Subto Hybrid in Saint Augustine, FL! 💥
10% Entry - Turnkey - No Balloon - Strong Cashflow - 2022 Build
🏠 Property Overview:
Size: 2102 Sqft
Lot Size: .21 acres
Year Built: 2022
Layout: 4 Bedrooms / 2.5 Bathrooms
HOA: 406/annually
Closing Date: On or Before May 24th, 2024
💰 Financials:
Total Entry Fee: 31,000 + closing & tc
Total Purchase Price: 442,658.23
Outstanding Mortgage Balance: 369,544.25
Interest Rate: 5.5%
PITI: 2,810.04
MTR Rates: 3,500 - 3,800/mo
STR Projection: +3600/mo ($43,946/annual - $172/night, 70% occupancy)
2nd Position Hud Lien: 29,113.98 (no monthly payments, backend of payoff)
Seller Finance Note: 13k (Principal only over 4 years, 1 payment of $3250 per year from COE)
EMD: 5k
🌴 Location Highlights:
Beach access: 20 min
UF Health Flagler Hospital: 15 min
Northeast Florida Regional Airport: 20 min
Jacksonville International Airport: 1 hour
Profitable Exits:
MTR/STR
Wrap
Policyholder Rental (temporary housing for displaced families)
📞 Contact for More Information:
Coreyonte Turner
Phone: 402-840-7321
Email: Coturner@joehomebuyer.com
Courtesy of Joe Homebuyer Gulf Coast
WHAT TO EXPECT FROM JOE HOMEBUYER: Deal is to be sold to INVESTOR CASH BUYERS only. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED. NO INSPECTION PERIODS EXCEPT WHAT IS NOTED ABOVE. BUYER MUST DO THEIR OWN DUE DILIGENCE. HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. WE EITHER OWN OR HAS AN EQUITABLE CONTRACTUAL INTEREST IN THIS PROPERTY. THIS MARKETING PIECE ONLY REFERENCES THE EQUITABLE INTEREST OR OPTION IN THE PROPERTY. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions. Buyer should conduct their own due diligence prior to making any offers. If property is occupied, please do not disturb the occupant. Occupant/tenant rights apply. Contact us directly for entry instructions unless otherwise stated above. WE ARE EXPLORING ALL OPTIONS WITH THIS AGREEMENT AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME DISCLAIMER: Please be advised that this is an assignment of contract. A legally binding purchase agreement has been signed with the Seller, which grants exclusive rights to this company to purchase the property. We would like to clarify that we are NOT representatives of the owner and DO NOT act as brokers. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or communicate with the owner will result in legal action.