Subto Hybrid Deal in Orlando, FL 32835

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

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