$119,000
2704 E Main St, Mims, FL 32754
Current Rent **
$1,125
Projected Rent **
$1,125
✅ HEY INVESTORS 👋 Rental Opportunity for YOU‼️
‼️ ATTN INVESTORS!—GREAT RENTAL FOR PASSIVE INCOME OR NICE HOME TO MOVE INTO YOURSELF!
SERIOUS CASH BUYERS ONLY or See Owner Financing terms below.
INSPECTION: Friday 12/02/2022 from 1pm to 1:30pm (be on time)
✅ Suggested CASH Price: $119K + ALL closing costs
ARV: $150-160K In our humble opinion ;)
Details:
3 Bed 1 Bath 864 Sq Ft under air
Wood Frame
Built in 1955
Currently vacant. Tenants moved out.
City Water/Septic
No code violations
New roof
New A/C
New electrical
New plumbing
New septic/drain field
🛠 Repairs Needed:
Fully renovated! - No work needed!
RENTAL COMPS: It was rented $1,125 (Section 8) Rent will increase for 2023. You could get $1200-1300
✅ Suggested CASH Price: $119K + ALL closing costs
Closing: within 30 days
🏡 OWNER FINANCING: $129K
15% Down minimum
3 points on mortgage
10% interests
Payments can be interests only, or amortized over 20/30/40 years
Interest only payment will be $913.75/m if 15% is put down.
Currently Taxes/Insurance is $150/m. Total PITI $1064/m. If rented at $1275, you can cashflow $211/m.
Want bigger cashflow? Then put more down ;)
Balloon in 5 years
Buyer pays for ALL closing costs.
Taxes and Insurance are paid separately by Buyer.
Must be ALL CASH (full price or down pmt) or Hard Money
📲📲 PLEASE CALL/TEXT 321-425-1632 FOR MORE DETAILS/PICTURES
When sending a TEXT, please mention you saw this on Bigger Pockets along with the price of the home (ex: I saw your ad on Bigger Pockets for the home listed for $119,000)
Location:
2704 E Main St, Mims, FL 32754
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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