South Seas Vacant Lot

$600.00 Per Month

Description

The owner of this lot is motivated for a sale as they are leaving the island. There are plans available for a potential tenant buyer, and the HOA fees of $100.00 are included in the monthly lease payment.

Infrastructure is in place and this vacant lot is two corners away from the beach. There is also a marina being constructed nearby, which will help to drive traffic for a rental property.

Rent To Own Details

Purchase Price – $90,000.00
Deposit – $8,500.00
Monthly Payment – $600.00
Rent Credit – $400.00
Term – 3 Years

At the end of your agreement, you will need to be able to qualify for a mortgage of at least $66,350.00 to pay the remaining balance.


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