I have this great opportunity for investment in condos in Orlando, FL. Here are the brief point of the opportunity:
- Appraised Value: $185,000
- Purchase Price: $130,000
- Down payment: $0
- Financing: $130,000
- Interest Rate: 6.5%
- Monthly Mtge: $1,248
- Monthly Rent: $1,350
- NOI: $102
• The investor receives:
o Cash flow estimated at $1,200 annually
o Tenant in place at the time of signing
o $6,000 at closing
o Tax benefits estimated at $1,600 annually
o Equity at the time of purchase estimated at $55,000
o Investors can buy up to 4 units
o Builder will provide financing of 100% of the acquisition of the property at 6.5% for qualified buyers
• The investor must have the following to qualify:
o Minimum mid FICO of 640
o $750 to be paid with the signed contract
o Must have verifiable assets and income
If you have investor interested in learning more about this opportunity please reply to this ad. Only serious requests.
Features
| Condition: New | Bedrooms: 2 | Bathrooms: 2 |
| Square Footage: 750 | Seller Type: For Sale by Builder |
Contact Information
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Name:
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f.durant
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Address:
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111 NE 1st Street, Miami, Florida, 33132, United States
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