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Wonderful updated 3/2 in Southeast Palm Bay available rent to own (lease option) or owner/seller finance. Located on a quiet side street close to shopping and schools. Brand new stainless steel appliance set, granite countertops and shaker cabinets featured in the kitchen. Septic tank was just pumped and evaporator coil replaced for the AC. New fixtures, fans, and lights throughout. New refrigerator included but is not in pictures Rent to Own Rent: $1,900/month Option Fee: $15,000 (Paid up front and goes towards purchase price) Option Term: Up to 3 years pending lenders credit repair suggestion Purchase Price: Appraised value minus 10% or $250,000. Whichever is greater Credit Requirements: No credit requirements Income: Must make at least 3x the monthly rent Utilities: Tenant pays Taxes and Insurance: Landlord pays Maintenance: Tenant pays and maintains property Renters insurance required Up to 2 pets allowed with pet deposit and pet rent of $50/pet Owner Finance Purchase Price: $260,000 Interest: 10% Down Payment: 10% ($26,000) Amortized over 30 years Principal and Interest Payment: $1,974 Credit Requirements: 600+ Income Requirements: Household must make $6,000/month or more
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