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28
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2
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Michael Malyszko
  • Addison, IL
2
Votes |
28
Posts

🔥SUBTO FOR ASSIGNMENT Haines City, FL

Michael Malyszko
  • Addison, IL
Posted

🔥SUBTO FOR ASSIGNMENT Haines City, FL

💥SUB-TO Mortgage Balance 206,000 + 85,000 (HELOC) = 291,000

💥Purchase Price 365,000

🏡4-bedroom, 3 bath 1,833 sqft built in 2007 on 6,098 sqft lot, with POOL! The property to conveniently situated in close proximity to shopping, grocery stores and entertainment such as movie theaters, Old Town, Lake Ridge Winery, Lego Land and Walt Disney World! Great for a short-term or mid-term strategy.

✅NO BALLOON - 14k seller financing paid out when home sells, 30k solar lien which is deducted from seller's equity, title verified deed can be transferred without solar lien removal or payoff

✅3.5% Rate

HOA Yes

✅Total Monthly Payment PITI and HOA + HELOC = 2,775

✅LTR $2,300

✅NO Rental Restrictions ( STR, 41K annual, 55% occupancy , 206 daily rate)

✅MTR 3,500-4,500 HCA Florida Haines City 2.2 miles

✅Padsplit or co-living ( add 2 extra bedrooms ) 200 a week each bedroom , 4,800 monthly

✅Total Entry Fee 39,500

✅Buyer Pays closing costs.

IMPORTANT - DO NOT DM ME as I don’t have the capacity to answer DMS right now- Please contact RYAN his info is below

✅5K non-refundable earnest money down Email: [email protected] for more info or to schedule a call 813-212-0697

Offering
Tampa, Florida