🏡2 PERCENT SUBTO NORFOLK,VA ASKING 55K DOWN TURNKEY CASH FLOWING 1K A MONTH!!🔥

Norfolk, VA, 23513 view full address
For Sale
Listed at: November 20th, 2024
Price
$55,000
ARV
$360,000
Gross Margin
$305,000
Sq. Footage
1724
Type
Single-Family
Parking
Attached Garage
Year build
1947
Lot size
0.17 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

🏡2% SUBTO NORFOLK,VA CRAZY DEAL ASSET CASH FLOWING 1,000+ A MONTH THIS DEAL IS THE ONE FOR YOU BEFORE THE YEAR ENDS ONLY 55K DOWN 

NorfolK VA 23513 HYBRID!!

 4 Bed 2 Bath SQFT: 1,724

Financial Terms: 

Total Purchase Price: $350,000 $

Mortgage Balance $246,296 $

Interest Rate 2.8% 

PITI $1615.43 

Seller Carryback:  $53,703.29 at 0% Interest no payments. -$23,703.29 due at 5 year balloon -$30,000.00 due IF you sell the property. 

Potential Exits:

Market Details -LTR $2450-$2750/month (Potential $1000+ spread) Prime LTR Location 

MTR $3200/month (Potential $1600+ spread) 

STR $3600/month (potential $1800+ spread) 

 

Property Conditions:

HVAC 4 years old Serviced this year 

Roof is about 7 years old 

 

-EMD $3,000 nonrefundable

Closing on or before 12/09/2024

FOR MORE INFORMATION & ACCESS CALL AJ 661-332-0452 📞

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
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