750 Saranac St. & 2132 W. 16th St

Jacksonville, FL

Sub to + Seller Finance Hybrid Deal @ 4.5% & 5.5% Interest!

• Existing Mortgage Balance: $107,944.27
  • 5.5% interest
  • Monthly PITI: $1174
• Seller to Finance: $107,055.73
  • 4.5% interest amortized over 30 years
  • 60 Month Balloon
  • Monthly Payment: $542.44
  • Balloon payment: $102,205.69
• TOTAL MONTHLY PAYMENT: $1,716.44
• ENTRY: $28,000 + CC + TC
• Must be purchased together
  
• Both properties are 3 bed, 1 bath
• Saranac is currently vacant
  • Market Rent: $1,100
  • 2025 Section 8 FMR for 32254 Zip Code: $1,710
• 16th St. is currently rented at $1,300/mo
  • Market Rent: $1,300
  • 2025 Section 8 FMR for 32209 Zip Code: $1,530
• IF CREATIVE TERMS DON'T WORK, BRING ALL CASH OFFERS

Title is clear and ready to close with Empora Title

Contact: 813-537-6756