🚨SUB-TO OFF MARKET FIXER🚨

✅Good bones

✅Great comparables

✅Sub $700 mortgage payment

✅3% interest rate

✅62% of ARV

✅Buy this pure sub-to or cash

📌PP: $125k OBO

BREAKDOWN: ~$112,000 mortgage balance, $13,000 assignment fee

📌Monthly Payment: $668

*BREAKDOWN: includes PITI

📌Interest Rate: 3.00%

📌LTR Rate: $1350-1500/mo

📌ARV: $200,000

📌Exit: With the federal reserves rate cut initiative opening up the buyer market, a fix and flip would serve as a great avenue to sell to an end user. With the low mortgage payment, another option would be to bring in outside financing for the repairs & enjoy cash flowing rental. Regardless, this deal is versatile. 

📌Entry Fee: $13,000 + closing costs (or all cash)

*Mortgage statement available at request