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Polk County · Lake Wales, FL 33898

Subto Deal in Lake Wales, FL 33898

$32,000
3
Beds
2
Baths
1,996
Sq ft
2024
Year built
$271K spreadNew construction

About this property

Property Details

  • Address: 858 Ballantyne Drive, Lake Wales, FL 33898
  • Bed/Bath: 3 Bed / 2 Bath
  • Square Footage: 1,434 sqft
  • Year Built: 2024
  • HOA Restrictions: HOA Finalizing Restrictions
  • Multi-Unit: No

Features + Amenities

  • Furnished: No
  • Pool: No
  • Tenant Occupied: N/A
  • Monthly Rent: N/A
  • Est. Repairs: N/A

Financing Details

  • Entry Fee (8.24%): $25,000 + CC + TC
  • Purchase Price: $30,000
  • Subto Terms
  • Mortgage Balance: $278,251.70
  • Rate: 4.25%
  • PITI: $2,016

Monthly Payments

  • PITI: $2,016.00
  • HOA: $43.00
  • Total Monthly: $2,059.00

Exit Scenarios

  • Est. Average LTR: $1,825
  • Est. Average STR: $2,758

Property snapshot

Layout3 Bed / 2 Bath
Living area1,996 sq ft
Year built2024
CountyPolk County

Deal details

Asking price$32,000
ARV estimate$303,251
Spread (ARV − asking)$271,251
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$32K
ARV est.
$303K
Spread
$271K
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Ms. Meriam
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