8519 Pronghorn Ct, Citrus Heights, CA 95621, USA

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

ENTRY:

-- Cash to Close: $46,000 + Closing Costs 

-- Assignment Fee: $10,000

-- Agent Fee: $5,000

-- Arrears: $31,000

-- EMD: $5,000 Non-refundable (Due within 24 hours of signing the assignment contract)

-- Purchase Type: Subject-To the Existing Mortgage

PROPERTY OVERVIEW:

-- 3-bedroom, 2-bathroom home

-- 1,162 sqft of living space

-- Built in 1981

-- Lot Size: 5,662 sqft

-- Located in Citrus Heights, CA — low interest rate and high-rent California submarket

LOAN DETAILS (SUBJECT-TO):

-- Remaining Mortgage: $411,071.13

-- Interest Rate: 2.875%

-- Total PITI: $2,834.29/month

-- Unapplied Funds: $2,429.40

-- HOA Payment: $0

RENTAL STRATEGY & RETURNS:

-- Long-Term Rental (LTR): ~$2,800/month → -$34.29 Monthly CoC (-0.75%)

-- Mid-Term Rental (MTR): ~$3,700/month → $865.71 Monthly CoC (22.58%)

-- Short-Term Rental (STR): ~$3,900/month → $1,065.71 Monthly CoC (27.63%)

-- Section 8: ~$2,750/month → -$84.29 Monthly CoC (-1.83%)

Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get instant loan quote and pre-approval for this listing. Start exploring deals now!