205 Golf Aire Blvd, Haines City, FL, 33844

Description

**Sub-To Deal | Haines City, FL – Pool Home** 📍 205 Golf Aire Blvd, Haines City, FL 33844 💸 **Investment Opportunity:** Great opportunity to add a performing asset to your portfolio: * Operate as a Short-Term Rental (STR) or Rent-by-Room (PadSplit) for strong cash flow * Use as a Long-Term Rental for stable passive income *(Estimated rental value: ****$2,400 – $2,600/month****)* * Perfect as a Primary Residence/Homestead * Potential to benefit from accelerated depreciation and other real estate tax advantages **Purchase Details** * **Purchase Price:** $309,000 * **Total Entry / Down Payment:** $30,000 (includes standard closing costs) **Sub-To & Seller Finance Breakdown** * **Existing Mortgage Balance:** $165,057.68 @ 5% interest * Principal: $234.93 * Interest: $687.74 * Escrow (Taxes & Insurance): $684.93 * **Total Mortgage Payment:** $1,627.60/month * **HUD Lien:** $58,576.27 *(No monthly payments, interest, or balloon)* * **Seller Finance Note:** $55,366.05 @ **7% interest** * *No monthly payments* * *Accrued interest + principal due in full within 5 years (balloon payment)* * HOA: $25/month 🛠️ **Property Condition & Features** * No Repairs Needed * Pool Home * 3 Bedrooms / 2 Full Bathrooms ✅ **Deal Structure Summary** * $165,057.68 → Existing Mortgage (5%) * $58,576.27 → HUD Lien (no monthly payments) * $55,366.05 → Seller Finance Balloon Note (7%, due in 5 years) * $30,000 → Entry / Down Payment = **$309,000 Total Purchase Price**