Creative Purchase Terms Available Looking for a move-in-ready home where rental income can significantly lower your out-of-pocket monthly housing costs? This 4-bedroom, 4-bathroom townhome features a fully finished basement setup designed to generate potential rental income. Property Highlights: - Purchase Price: $525,000 - Bedrooms / Bathrooms: 4 Bed / 4 Bath - Layout: Dual Living Spaces - 2 Kitchens, 2 Living Rooms, 2 Laundries - Square Footage: 2,390 sq. ft. - Interior Features: Open-concept, vaulted ceilings, modern kitchen with a massive center island Financing Structure (Subject-To / Wrap Opportunity): - Existing Interest Rate: 5.625% Fixed - Remaining Loan Term: ~25 Years (No balloon payment) - Entry Amount (Unrepresented Buyer): ~ $63,000 Monthly Payment Breakdown: - Principal & Interest: $2,869.63 - Taxes, Insurance, & MI: $701.44 - HOA: $179.00 - Total Monthly Payment Obligation: $3,750.07 - Potential Basement Rental Offset: -$1,200.00 - Estimated Net Out-of-Pocket Cost: $2,550.07/month (Requires tenant occupancy) * If you are the end buyer and do not need agent representation, you may only need $63,000 upfront to make the deal work. Rental income is estimated and subject to local HOA rules and city regulations.
Listing courtesy of CFI Realty LLC.
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