On Market – Listing Link
4 beds | 3 baths | 2,078 sqft
Strong leverage opportunity in Windsor Park with built-in equity, cash flow, and flexible exit strategies.
This deal is positioned for an investor to enter with approximately $60K, execute a refinance, and recover a significant portion of capital while holding a stabilized, income-producing asset.
The property is well-positioned for an ideal vacation rental strategy.
The current loan structure allows for a refinance into more favorable terms, with the potential to reduce the monthly payment by approximately $700+, improving overall performance.
With a projected refinance at ~$450K, the investor can pull out capital and still maintain approximately $70K in net equity.
Investment Highlights:
- Entry: ~$60K total cash in
- Refinance: ~$450K loan @ ~6.5%
- Cash-out potential: ~$50K+
- Net equity: ~$70K
- DSCR current loan needs to be refinanced
- Ideal for novation or retail reposition strategy
Additional Notes:
Seller will receive $150K in the future (deferred payout).
That amount may be negotiable and reduced depending on final terms and structure, creating additional flexibility for the investor.
Closing Statement:
This opportunity combines equity capture, improved financing, and strong income potential in a prime Charlotte location.
SERIOUS BUYERS ONLY