Great Rental In Port Richey

Pasco County, Port Richey, FL, 34668
Sold
Listed at: April 19th, 2023
Price
$75,000
ARV
$305,000
Gross Margin
$230,000
Sq. Footage
1368
Type
Single-Family
Parking
Garage
Year build
2002
Lot size
5614.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

$75,000 ENTRY FEE

ARV $305,000

MORTGAGE BALANCE: $164,433.19

REINSTATEMENT OF MORTGAGE: $7,132.09

REPAIRS: $10,000

PITI: $1,290.32

INTEREST: 3.75%

POTENTIAL INVESTOR PROFIT: $50,000



Welcome to this fantastic subject-to real estate deal, where you have the opportunity to acquire a property with an entry fee of $75,000. This property has an estimated After Repair Value (ARV) of $305,000, providing significant potential for an investor profit of $50,000.


The mortgage balance on the property is $164,433.19, and there is a reinstatement fee of $7,132.09. You will also need to invest $10,000 in repairs to bring this property up to its full potential.


The monthly payment on this property, including principal, interest, taxes, and insurance (PITI), is $1,290.32. The interest rate on the existing mortgage is 3.75%, which makes this an attractive investment opportunity.


In summary, this subject-to real estate deal offers excellent potential for investor profit with a low entry fee of $75,000. With a potential profit of $50,000 and the opportunity to acquire a property with an ARV of $305,000, this deal is not to be missed. Contact us today to take advantage of this exciting opportunity!



HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. Deal Flow Today either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Edward Hayes

No reviews

Disposition manager