Local lenders are offering competitive owner occupancy financing as well as 100% financing for qualified medical uses. Assume an 80/20 LTV with 20% down payment and financing $139,248 @ 6% interest and a 25 year amortization = $897.18 monthly ($11.13 sf) plus $680 monthly condo fees and annual real estate taxes of $2,402 annual/$200.17 monthly. Current tenant rent is $1961.33 monthly. Lease expires 8/31/26. The tenant will vacate at lease expiration (no lease renewal option in the lease) or sign a 2-3 year lease renewal with an investor. Current revenue $23,536 less annual condo fees and real estate taxes of $10,562 = $12,974 net operating income or 7% cap rate.