Contract Price:
Contract Price = $302,170.04
PITI Breakdown:
$2,823.71 PITI (Should be $2,241.38 PLEASE SEE TAXES AND INS QUOTE LAST SLIDE)
5.75% Interest
$270,839.18 Mortgage Balance
Entry Fee:
Total Entry Cost: $40,000+ CC +TC
COE: 7/22/2024
Possible Exits:
PadSplit:
Located In PadSplit BIGGEST CORE MARKET
Other Profitable PadSplits Nearby
Breakdown Of Subject Property:
Possible Beds: 8
Weekly Room Revenue AVG: $184
NET REVENUE AFTER PADSPLIT FEE: $5,823.23
MTR Comps and Analysis:
Revenue: $3,500
Booked Thru: 11/01/24
Bed/Bath: 4/2
Revenue: $2,950
Booked Thru: 07/28/24
Bed/Bath: 3/2
Revenue: $4,500
Booked Thru: 08/01/24
Bed/Bath: 4/3
Revenue: $3,200
Booked Thru: 08/18/24
Bed/Bath: 2/3
$3,550+ Potential Revenue (Based On Comps)!!!
Other Exits:
Wrap
Lease-option
Does not cash flow LTR
Bedrooms | |
Bathrooms | |
Sq. footage |