3BR Home in Coeburn , VA

About This Property

3 Bedrooms / 1.5 Bathrooms 1,970 Sq. Ft. Built in 1960 EXISTING MORTGAGE: ~$232,000 CASH TO SELLER: Contact for details ESTIMATED REHAB: Contact for details EXISTING INTEREST RATE: ONLY 3.15%! MONTHLY PAYMENT: JUST $696 INCLUDING TAXES INSURANCE! ### THE REAL ASSET IS THE MORTGAGE! Forget today's high-interest-rate financing. This property comes with the opportunity to take over payments on an existing mortgage with an incredible 3.15% interest rate! The seller is offering this property SUBJECT-TO the existing existing financing in place meaning the buyer acquires the property while the existing loan remains in place. ### THE NUMBERS Existing Mortgage Balance: ~$232,000 Cash to Seller: Contact for details Estimated Rehab: Contact for details Estimated Total Investment Basis: ~Contact for details PropStream Estimated Value: Contact for details PropStream Estimated Rent: Contact for details/month Monthly Mortgage Payment: $696 () That's a potential $663/month difference between estimated rent and the existing mortgage payment , before maintenance, vacancy, management and other operating expenses. ### WHY THIS OPPORTUNITY IS DIFFERENT 3.15% Existing Mortgage Rate Only $696 Monthly Payment Including Taxes Insurance Subject-To Financing Available No Need to Originate a New High-Interest existing financing in place Bedrooms / 1.5 Bathrooms Nearly 2,000 Sq. Ft. Long-Term Buy-and-Hold Potential THE OPPORTUNITY IS NOT JUST THE HOUSE IT IS THE FINANCING! A low-rate mortgage can be a valuable long-term asset, especially for an investor focused on controlling monthly payments and holding property for years. SUBJECT-TO 3.15% FINANCING! $696/MONTH INCLUDING TAXES INSURANCE! $Contact for details CASH TO SELLER! Creative financing investors wanted! Message me for additional details, photos, access and mortgage information. Subject-to transactions involve an existing mortgage that remains in the seller's name and may be a due-on-sale clause. Buyers should independently verify the mortgage terms, loan balance, property condition, rental projections and closing structure.