3.7% SUB-TO LOCATED IN CENTRAL FLORIDA - OCALA, FL 34473

Marion County, Ocala, FL, 34473
Sold
Listed at: May 16th, 2024
Price
$30,000
ARV
$270,000
Gross Margin
$240,000
Sq. Footage
1488
Type
Single-Family
Parking
Garage
Year build
1997
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Investment Property Located in OCALA, FL 34473

Entry Fee: $30,000

Outstanding Principal Balance: $157,334.03

Interest Rate: 3.75%

Monthly Mortgage Payments (PITI): $1,346.22

Property Condition:

  • 20K: Needs New Carpet and Cosmetic Upgrades, No majors

Investment Potential:

  • Ideal for investors looking for a quick value-add property in a booming market, with built-in equity.

Projected Revenue:

  • Long Term Rental:
    • 3-Bed Unit: $1,740 (Fair Market Rent)
    • Total Gross Income Annual: $20,880
    • Cash Flow: $400/month
    • NOI: $12,000/annually

Comparable Sales (COMPS):

  1. 2655 SW 145th Place Rd, Ocala, FL 34473 (sold $273,000)
  2. 2564 SW 145 Place Rd, Ocala, FL 34473 (sold $275,000)
  3. 2730 SW 145 Place Rd, Ocala, FL 34473 (sold $275,000)

WILL BE DELIVERED VACANT. SOME MATERIALS TO FIX UP THE HOUSE WILL BE LEFT.

 CALL VICTORIA NOW (210) 972 1144

Earnest Money Deposit (EMD) of 5,000 must be wired to the Title Company within 1 day of Assignment Contract signing.

Due Diligence: Buyers are asked to perform their own due diligence on the property.

Closing Costs: End Buyer will pay all Closing costs and will be outlined on the final settlement statement of the deal.

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF BTZ INVESTMENTS, LLC.

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

Victoria Flores

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