Additional Details

• Important Details: --> Vacant at close --> 2016 Roof --> 2020 AC --> Flood Zone X (No flood insurance required)
• Features: This 4-bedroom, 2-bathroom home offers 2,235 square feet of living space and will be delivered vacant at close. Major systems are already in great shape with a 2016 roof and a 2020 AC, plus it sits in Flood Zone X, meaning no flood insurance is required. The deal is structured as a subject-to mortgage with only a $45,000 entry fee, making it an accessible opportunity with strong upside as either a profitable flip or a long-term hold with equity.
• Purchase Price: $274,924.56
• Entry Fee: $45,000
• Mortgage Balance: $229,924.56
• Mortgage interest Rate: 7.625%
• PITI: $2257.70
• Long Term Rent: $2500-$2600/MO
• ARV: $390,000-$410,000
• Comp 1: 828 Parkwood Ave, Titusville, FL 32796 4/2.5 1841 SQFT 1999 Build PENDING @ 369,900 (Smaller/dated)
• Comp 2: 3736 Chiara Dr, Titusville, FL 32796 3/2 2163 SQFT 1984 Build SOLD @ $430.,000 06/10/25 (Similar style/fully updated)
• Comp 3: 3856 Champion Rd, Titusville, FL 32796 3/2.5 1821 SQFT 1984 Build SOLD @ $385,000 05/21/25 (Bigger lot/dated)
• Comp 4: 204 Reading Ave, Titusville, FL 32796 3/2 1742 SQFT 2010 Build SOLD @ $365,000 03/28/25 (Smaller/newer build/dated)