736 Louisa St. Mount Morris, MI 48458
Deal Category: SubTo
Status: Active
Bedrooms: 2
Bathrooms: 1
Square Feet: 1159
Year Built: 1954
Purchase "subject-to" the existing mortgage
Entry
Cash to Close: $23K + CC
Cash to Seller: $0
Arrears: $13,409
Assignment: $10,000
Details:
- ARV: $120,000.00
- Remaining Mortgage: $94,922.12
- Interest Rate: 3.625%
- PITI: $805.37/m
- P: $180.27/m
- I: $280.34/m
- Taxes/Insurance: $344.76/m
- Loan Type: Conventional
- HOA Payment: No HOA
- EMD: Non-refundable $5,000 (Due within 24 hours of signing the assignment contract)
Cash Flow
- LTR: ~$1,000.00/m
- MTR: ~$1,500.00/m
- STR: ~$1,460.00/m
- Section 8: ~$1,106.00/m
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