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Purchase Price: $644,000
Entry Amount: $70,000
Estimated Total Monthly Payment: $3,658.13
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Creative Structure:
Subject-to existing loan
Seller carry in place
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Existing Loan:
Balance: approx. $408,700
Interest Rate: approx. 2.68%
Monthly PITI: $3,158.13
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Seller Carry Terms:
Balance: $165,300
Interest Rate: approx. 2%
Monthly Payment: $500
Balloon Term: estimated 5–7 years
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Estimated Balloon Balance:
After 5 years: approx. $151,830
After 7 years: approx. $146,442
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Property Features:
5 bedrooms
3 bathrooms
3,281 sq ft living area
10,018 sq ft lot
Built in 1929
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Interior Highlights:
Forced air gas heating
Central A/C
Hardwood and carpet flooring
Fireplace
Partially finished basement
In-unit laundry
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Parking:
Garage
Carport
Off-street parking for 3 vehicles
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Best suited for a creative buyer or owner-occupant, not a typical deep-discount investor.