2.98% ORLANDO SUBTO | 7 BED / 4 BATH | ONLY $1,340 PITI | HIGH-OCCUPANCY RENTAL SETUP

PROPERTY DETAILS

• Address: 3120 Peel Ave, Orlando, FL 32806
• Beds: 7
• Baths: 4
• Living Area: 2,866 sqft
• Year Built: 1949
• Property Type: Single Family Residence
• HOA: No HOA
• Multi-Unit: No
• Furnished: Yes
• Pool: No
• Lot Size: 0.34 Acres
• Zoning: R-1A

PRICING

• Entry Fee: $102,250 + CC + TC
• Purchase Price: $112,250

SUBTO FINANCING

• Mortgage Balance: $522,750
• Interest Rate: 2.98%
• PITI: $1,340 / Month
• Total Monthly Payment: $1,340
• Balloon: Negotiable

PROPERTY CONDITION

Condition: Completed, move-in ready property with multiple living areas and private suites.

HVAC: Central A/C. Air conditioning was replaced in 2017.

Drain Fields: Replaced in 2017.

Water Heater: Replaced in 2018.

Roof: Shingle roof.

Construction: Block and stucco construction with slab foundation.

Flooring: Concrete and laminate.

Layout: Multiple independent living spaces with access to bathrooms and kitchenettes, plus multiple private entrances.

In-Law Suite: Yes.

Outdoor Space: Spacious fenced backyard with screened porch.

Parking: Driveway with ample parking.

Laundry: Inside.

RENTAL POTENTIAL

• Estimated Average LTR: $3,563 / Month
• Estimated Average STR: $10,933 / Month
• Estimated LTR Spread Over PITI: $2,223 / Month before operating expenses
• Estimated STR Spread Over PITI: $9,593 / Month before operating expenses

INVESTMENT HIGHLIGHTS

7 Bed / 4 Bath high-occupancy layout.

Fully furnished with furniture included in the deal.

Multiple independent living areas.

Private suites.

Kitchenette access within the independent living configuration.

Multiple entrances.

Flexible LTR, MTR, and STR configuration.

Assume the existing 2.98% note with no new bank qualifying.

$522,750 existing mortgage balance.

Only $1,340/month PITI.

No HOA.

Balloon is negotiable.

CONTACT

• Mike Graham
• NexKey Collective