- Turnkey property
- 3 bedrooms | 2 bathrooms
- 1,328 sqft
- Current investment property that cash-flows
Existing loan (sub-2)
– Mortgage: $398,000 @ 4.75%
– PITI: $2,600 + $80 solar = $2,680
– Current Rent: $3,400/month
– Cash Flow: ~$720/month
– PITI: $2,600 + $80 solar = $2,680
– Current Rent: $3,400/month
– Cash Flow: ~$720/month
Roof will need replacing at some point, not urgent
As-is sale
Ballon: Buyer must refinance out of sellers name within 3 years
Sub-2 Structure
- Seller walkaway: $100,000
- Purchase Price: $538,000
- Buyer Cash-to-Close: ~$132,280 + closing costs
✓ Buyer takes over the existing $398K mortgage
✓ Tenant in place at $3400 / month
✓ Fully renovated with over 60K of work done in May 2025
Seller Finance Option (If Interested)
Seller is open to discussing a small seller-financed portion to help reduce upfront cash-to-close.
Property Photos & Location
