🚨 SUB-TO Waterfront Investment Property In Cocoa FL 🏠 Won't Last Long!

Brevard County, Cocoa, FL, 32926
Sold
Listed at: July 11th, 2023
Price
$23,100
ARV
$350,000
Gross Margin
$326,900
Sq. Footage
1292
Type
Single-Family
Parking
Attached Garage
Year build
1980
Lot size
7841.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

6525 June Dr Cocoa FL 32926

3 BEDROOMS

2 BATHROOMS

1292 SQ FT LIVING AREA

7841 SQ FT LOT SIZE

WATERFRONT PROPERTY


BUYER WILL BE BUYING THIS PROPERTY SUBJECT TO THE CURRENT MORTGAGE


Call/text or email Najee today for more details:

Phone: 910-546-2245

Email: najee@dealflowtoday.com


Investor's Dream: A Beautiful 3 Bedroom Home with Lucrative Potential

Nestled in a desirable location, this 3-bedroom, 2-bathroom gem offers a perfect blend of comfort and investment opportunities. With a generous living area of 1,292 square feet, this property is a must-see for those seeking a lucrative real estate venture. Let's explore the enticing details:

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,292 ft²

Key Financials:

  • After Repair Value (ARV): $350,000.00
  • Outstanding Balance: $184,956.88
  • Reinstatement Cost: $71,972.14
  • Estimated Repair Costs: $20,000.00
  • Principal, Interest, Taxes, and Insurance (PITI): $2,164.21
  • Interest Rate: 4.5%
  • Maturity: 2046
  • Entry Fee: $23,100.00
  • Projected Investor Profit: $50,000.00

Property Highlights:

Step into a world of potential with this charming home, boasting a captivating curb appeal that will instantly draw you in. Its inviting living spaces provide a cozy atmosphere for family gatherings and everyday living. The bedrooms are generously sized, offering a comfortable haven to unwind after a long day.

The property's value is further accentuated by the opportunity to add your personal touches with $20,000.00 allocated for repairs, ensuring that you can transform this house into your dream home and maximize its potential.

Investment Advantage:

For the astute investor, this property presents a rare chance to secure substantial returns. With an ARV of $350,000.00 and a balance of $184,956.88, significant equity already exists. Moreover, the reinstatement cost of $71,972.14 represents a valuable opportunity to acquire the property at a favorable price.

The PITI of $2,164.21 is comfortably covered by the potential rental income, offering a steady cash flow. The entry fee of $23,100.00 is your ticket to an investment that promises both short-term and long-term gains. Additionally, the projected investor profit of $50,000.00 guarantees a rewarding return on your investment.

Location and Community:

Conveniently located in a sought-after neighborhood, this property offers easy access to schools, shopping centers, and recreational facilities. Its proximity to major thoroughfares ensures a quick commute to nearby attractions while maintaining a peaceful and serene atmosphere.

Act Now!

Opportunities like this are rare to find, so act swiftly to secure your position in this lucrative investment venture. Whether you're an experienced investor or a first-time buyer, this property presents an unmissable chance to secure both a comfortable home and a sound financial future. Schedule a showing today and embark on a journey towards success and prosperity!

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

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Disposition manager