Summerville, SC 29485 

SUBTO FOR SALE

**Property Details:**

● 🏡 Address: Summerville, SC 29485

● 🛏️ Bedrooms/Bathrooms: 3/2.5

● 📏 Square Footage: 2,590

● Occupancy: VACANT AT CLOSING

**Purchase Details:**

● 💰 Purchase Price: $388,981.00

**Mortgage Information:**

● 🏠 Underlying 1st Mortgage: $363,481.00.

● 🏠 2nd lien: $15,500

● 💹 Interest Rate: 6.5%

● 💸 PITI: $2,507.57

**Transaction Breakdown:**

● 💳 Entry Fee: $10,000 + Closing costs

**Exit Strategy Breakdown**

● Midterm rental(https://www.furnishedfinder.com/): ($/1,400mo/rm) X (room count 3) = ($4,200/mon)  ($/2,500/unit/mo)

● Roomies (Roomies.com): ($/1,000mo/room)X (room count 3)= $3,000

**Earnest Money Deposit (EMD):**

● 💼 $5,000

ACCESS: APPOINTMENT

Link to Pictures:https://drive.google.com/drive/folders/1nin5bur65XuosOMNa7gs910fswMJ6zS9?usp=sharing

NEXT STEPS:

For more information and to schedule a viewing, please contact:

Brandon Duran @ (347) 968-1108 (Text first please)

Email at [email protected]

Note 1: All financials and property details should be independently verified by the buyer.

Note 2: The seller either holds ownership or has a valid equitable interest in the properties being marketed.

Note 3: Buyers are responsible for their due diligence. The seller bases all information on data from the Multiple Listing Service (MLS), the County Assessor’s Office, and the Property Tax Office.

This information pertains to property attributes such as dimensions, land area, construction year, number of rooms, materials used, zoning, allowed and disallowed uses, parking features, and other relevant details. The buyer recognizes and agrees that the seller offers no warranties or representations about the property’s current or future condition.

The buyer acknowledges having independently verified this information and decides to purchase the property based on their findings. The buyer expressly understands that the property is being sold “as is, where is.”