Good/Bad deal? · Stride REI

Good/Bad deal?

Motivated seller wants to stay in property for 4 months after sale.

Great location that will gain equity well due to nearby metro line construction.

Auction date: 12/11/24 (bk not an option)

ARV: 600k

rent ARV: 2,700

Est repairs: $50k (conservative)

Balance: 321K

Arrears: 165K

PITI: 1900

interest rate: 3.9

Maturity: 4/2037

Cash to seller: "something small"

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