7d ago in Current Deals
Offmarket Fully Themed Orlando STR with creative financing!
8516 Sunrise Key Dr, Kissimmee, FL 34747
6 bedrooms, 4.5 baths, 14 guests
Price: 749k
Down: 50k
Loan Balance: $501,719
Interest Rate: 5.5%
PITI: $4,245.40 (includes taxes & insurance)
Equity: $197,281
Interest: 5.5%
2% Interest Only Payments: $328.80/mo
& 3.5% Interest at Balloon.
5 year balloon
$360/mo. HOA
Grossed $80K but there's potential to increase with more hands-on management, adding a 7th bedroom, a water heater to the jacuzzi, etc. There's a neighboring property a block away that's also themed and grossing $95K.
There is still time to close this for tax deductions before the end of the year!
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Offmarket Fully Themed Orlando STR with creative financing!
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