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Off-Market$405K spread
+38 photos
Orange County · Orlando, FL 32835
Subto Hybrid Deal in Orlando, FL 32835
$35,000
$405K spread
About this property
Property Details
- Address: 238 Lake Dr, Orlando, FL 32835
- Bed/Bath: 5 Bed / 3 Bath
- Square Footage: 1,728 sqft
- Year Built: 1989
- HOA Restrictions: No HOA
- 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 (6.82%): $30,000 + CC + TC
- Purchase Price: $35,000
- Subto Terms
- Mortgage Balance: $385,340.22
- Rate: 7%
- PITI: $4,144
- Seller Finance Terms
- Seller Finance Amount: $24,659.78
- Balloon: 7 years
Monthly Payments
- PITI: $4,144.00
- Total Monthly: $4,144.00
Exit Scenarios
- Est. Average LTR: $2,798
- Est. Average STR: $4,767
Additional Details
- Separate efficiency apartment, excellent for guests or as an in-law suite
- New roof installed in 2019
- Excellent potential as an Air B&B
Property snapshot
Layout5 Bed / 3 Bath
Living area1,728 sq ft
Year built1989
CountyOrange County
Deal details
Asking price$35,000
ARV estimate$440,000
Spread (ARV − asking)$405,000
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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