Fort Mc Coy Owner Finance

Seller Finance Terms

Purchase Price: $40,000

Total at Close: $15,000 (incl. entry fee + closing costs)

Monthly Payments: $400

Balloon: 5 years

Interest Rate: 5%

This property is in a rural community of Fort Mc Coy. Located on the outskirts of the Ocala National Forest, and less than 5 minutes from a boat ramp to Lake Ocklawaha. A Fresh Water Fisherman's delight

• 2 beds / 1 bath

• 672 Sq Ft

• .26 acre

• Zoned R4 - Mobile Home Residential

• Septic/Well

This home is likely beyond repair. The best strategy may be to replace the unit! But you're welcome to drive by and check it out (If you are interested, I know some new and used mobile home folks, contact me).

Possible Investment Strategies

(Purchase a home to put on the property and spend $60k , all-in)

• Fix and Sell

ARV: $135,000

ROI: 17%+

• Rental

3/2 mobile home - Approx $1,300/month

Cashflow:

***This is a contract for assignment.

***Do not approach seller without express permission from principal.

***Escrow Deposit: $3,000 (non-refundable)

Close: June 14, 2024

Call or Text Kelly at 407-906-8348 for more information/to move forward!