$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!
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