Property Description:
3.8% Rate
STR or Owner Occupy
Value:
$675K+ ARV
Purchase:
Purchase Price: $545k
Loan Balance: $411k
Interest Rate: 3.8% fixed
PITI: $2700
Seller Carry:
$63,928.27 @ 4.5% fixed interest only payments $239.73/month.
5 yr balloon with $63,928.27 due at maturity
No prepayment penalty
Entry:
Entry Fee: $65k + CC + TC