HOT SUBTO Washington DC 20002
Purchase Price $1,224,432
SUB -TO Mortgage Balance 1,074,432 Total Investment 100,000
DUPLEX 8 beds 3 baths 2,648 sqft ( addi 2 more bedrooms for extra cashflow )
1923 Build. Home features 2 Units, 8 bedrooms, 3 bathrooms. Kitchen with island, huge pantry, stainless steel appliances (stove, dishwasher and built-in microwave),
Notes : Property already rented
Unit 1: Rent is $6124.00 (lease expires 05/31/2026 )
Unit 2: Rent is $3792.00 ( lease expires 05/08/2026 )
No HOA
6.25% Interest Rate
PITI $8,495.00
Total Payment $8,495.00
Long Term Rental ~$9,916/mo Already Rented Short Term Rental ~ Yes
BEST EXIT – Add two more rooms Co-living ~$12,800 monthly, 320 weekly – Monthly cash flow after expenses and Pad split fees 2,581.
Downtown and 2.8 miles for the WHITE HOUSE
Total Investment 100,000
Buyer Pays closing costs + TC Fee Call Kreative Mike 773.632.8970
As Always “Stay Kreative my Friends”