HYBRID DEAL

Purchase Price: $360,000

Mortgage Rate: 5.75%

Seller Carry Rate: 3%

Total Monthly Payment: $2,331

Entry Fee: $34,680 + Closing Costs

Property Description:

Deal Source: Direct to Seller/Agent

ARV: $343,500

HOA: No

Pool: No

Condition: Turnkey

Closing Date: 11/08/2024

Access: Schedule with me

Entry Fee Breakdown:

Cash to Seller/Agent: $24,680

Arrears: $0

Assignment: $10,000

Exit Strategies:

Long-Term Rental: $2,278
(Zillow)

Mid-Term Rental: $3,100 -
$4,800 (FurnishedFinder)

Short-Term Rental: $3,528
(DataRabbu)

PITI Breakdown:

PITI: $1,488

Principal: $301

Interest: $1,186

Taxes: $514

Seller Carry Payment: $329

Total Payment: $2,331

Mortgage Information:

Existing Loan: $247,345

Loan Type: New Conventional

Interest Rate: 5.75%

Maturity Date: 06/01/2052

Seller Carry Information:

Loan Amount: $77,975

Interest Rate: 3%

Loan Term: 30 Years

Balloon: 8 Years

Notes:

Included Washer, Dryer,
Refrigerator, Microwave,
Oven