HYBRID DEAL

Purchase Price: $299,000

Mortgage Rate: 3%

Seller Carry Rate: 3%

Total Monthly Payment: $1,894

Entry Fee: $31,680 + Closing Costs

Property Description:

Deal Source: Direct to Seller/Agent

ARV: $282,000

HOA: Yes (No Rental Restrictions)

Pool: No

Condition: Turnkey

Closing Date: 11/01/2024

Access: Schedule with me

Entry Fee Breakdown:

Cash to Seller/Agent: $13,421

Arrears: $8,259

Assignment: $10,000

Exit Strategies:

Long-Term Rental: $1,946
(Zillow)

Mid-Term Rental: $2,600 -
$4,200 (FurnishedFinder)

Short-Term Rental: $4,527
(DataRabbu)

PITI Breakdown:

PITI: $1,549

Principal: $386

Interest: $476

Escrow: $687

Seller Carry Payment: $317

HOA: $27

Total Payment: $1,894

Mortgage Information:

Existing Loan: $191,962

Loan Type: VA

Interest Rate: 3%

Maturity Date: 07/01/2051

Seller Carry Information:

Loan Amount: $75,358

Interest Rate: 3%

Loan Term: 30 Years

Balloon: 10 Years

Notes:

Included Washer, Dryer,
Refrigerator, Microwave, Oven