Subject To – Chemstrand Rd, Pensacola, FL, 32514

Beds: 3   Bath: 2   SqFt: 1,494

ARV:  $130k-$135k   Repairs: $10k-$15k

Current Rent: $900/mo     Market Rent: $1,200/mo


For additional photos Click Here

Pensacola Off Market Sub2 Deal. Come check out this 3 bedroom 2 bathroom home offering 1,494 sqft of living space.  The roof was replaced in 2007.  This block home was built in 1953.  The current tenants are on a month to month paying $900/mo.  The market rent for the property once updated is $1,200/mo.  To take down this subject to deal it will require $20,000 down and taking over loan at $86,500 with payments of $693.69 per month PITI  at 4.25% fixed with 23 years left on the term. After down payment, repairs, and closing costs this property at market rent of $1,200/mo should bring in 15% ROI on the $40k cash invested. Call Us Now To Purchase!

PID #9660

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