Property Description:
Subject To - Assignment of Contract
Very large first floor (1,850 Sq Ft) with main floor laundry and more laundry hookups in the basement. 3 bedrooms and 2 baths all on the same level! The bedrooms are all large with excellent closet space. There will be items left behind, so be prepared for a clean-up. Solid home with almost new mechanicals! Just 30 minutes to Grand Casino Mille Lacs!!!
Bed/Bath: 3/2Purchase Price: $237,995.00 I have the property under contract Assignment Fee: $12,500 TERMS: Down Payment: $8,695
• $5,000 to Seller
• $3,695 to Agent
Terms of the Deal:
• There are two loans a mortgage and a second to Centerpoint for HVAC
• 1st Mortgage Balance $208,055.00 (20 years remaining) • PITI for 1st = $1,341.63
• Interest Rate 3.125%
• 2nd Mortgage Balance $8,745.00 • PITI for 2nd = $269.96
• Interest Rate 9.99%
• Total Monthly (without paying off HVAC loan) - $1,611.59
TOTAL ENTRY FEE - $8,695 + $12,500 = $21,195 + both sides closing costs
VALUE ADD: With a few thousand dollars, add an egress downstairs and have this be a 4/2!
Full pictures at - 1drv.ms/f/s!Auit7hTgwjKQhLhHLlSctMuLQua1Sg?e=5Vp6Fk