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π Salt Lake City, UT 84105 π‘ 4 Beds | 4 Baths | 2,397 sq ft | 3-Unit Property π° Purchase Price: $1,350,000 π No HOA π₯ EMD: $8,000 πΈ Seller Financing Terms β’ π΅ Down Payment: $400,000 β’ π° Interest Rate: 7.5% β’ π Amortization: 30 Years β’ π― Balloon Term: 3 Years π Estimated Entry Cost β’ π΅ Down Payment: $400,000 β’ π₯ Entry Fee: $5,000 β’ π§Ύ Estimated Closing Costs: ~$15,000 β‘οΈ Total Entry Cost: ~$420,000 π§Ύ Estimated Monthly Costs (Excluding Principal) β’ π§Ύ Property Taxes: ~$585 β’ π Insurance: ~$450 β‘οΈ Total Est. Monthly Cost (Taxes + Insurance): ~$1,035 πΈ Estimated Monthly P&I (on $950,000 @ 7.5%): ~$6,640 β‘οΈ Estimated Total Monthly PITI: ~$7,675 π·οΈ Highlights β Fully remodeled 3-unit property β turnkey setup β Ideal for house hacking, investment, or mixed use β Strong rental income potential across 3 legal units β Great location in one of Salt Lakeβs most desirable areas β No HOA β no restrictions on usage β Seller financing available β flexible closing π Exit Strategies β’ Owner-occupy one unit & rent the others β’ Full long-term or mid-term rental setup β’ Refinance or cash-out before 3-year balloon β’ Business/office use with residential income blend π² DM for income comps, walk-through video, or to write it up β Seller Financing | Legal 3-Unit | Prime SLC Location
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