100 East Kentucky Avenue #F6

2 BEDROOMS

1.5 BATHROOMS

1020 SQ FT LIVING AREA

CONDOMINIUM

CALL/TEXT OR EMAIL NAJEE TODAY FOR MORE INFO!

PHONE: 910-546-2245

EMAIL: DEALS@DEALFLOWTODAY.COM

Introducing a charming 2-bedroom, 1.5-bath condo in DeLand, FL, available for sale subject-to the existing terms. This well-maintained unit offers a comfortable living space of approximately 1,020 square feet, providing ample room for relaxation and enjoyment.

The terms of this unique deal include an After Repair Value (ARV) of $130,000.00, ensuring great potential for future appreciation. The current balance on the property stands at $15,094.24, with a reinstatement amount of $12,648.80. The property requires repairs estimated at $30,000.00, allowing for the opportunity to customize and enhance the condo to your personal preferences.

With a PITI (Principal, Interest, Taxes, Insurance) payment of $408.69 and an interest rate of 7.75%, this property offers affordable financing options. The maturity date of the loan is set for 2021, providing a clear timeline for planning your investment. Additionally, the Homeowners Association (HOA) fee is $600.00 monthly, contributing to the maintenance and upkeep of the community amenities.

For those interested in this opportunity, an entry fee of $42,300.00 is required, providing access to this property with favorable terms. Furthermore, the deal presents an investor profit of $30,000.00, allowing for potential returns on your investment.

Located in DeLand, FL, this condo offers a desirable location with easy access to local amenities, shopping centers, dining options, and entertainment venues. The surrounding area provides a vibrant community with a welcoming atmosphere.

Don't miss out on this exciting chance to own a condo in DeLand, FL, subject-to favorable terms and a promising future. Contact us today to schedule a viewing and seize this investment opportunity.