Overview
- 3 Bedrooms
- 2 Bathrooms
- 1,272 ft
- Year Built: 2003
Description
๐ ๐ก๐ผ๐น๐ฎ๐ป๐๐ถ๐น๐น๐ฒ,๐ง๐ซ ๐
.
โ ๐ณ% ๐๐ป๐๐ฟ๐ ๐๐ฒ๐ฒ โ
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๐ฃ๐ฅ๐ข๐ฃ๐๐ฅ๐ง๐ฌ ๐๐๐ง๐๐๐๐ฆ :
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-๐Nolanville,TX (76559 Zip Code)
-Killeen-Temple-Fort Hood Metro Area
– 10 Minutes from Killeen,TX (Population of 160,000)
– 10 Minutes from Temple,TX (Population of 86,000)
– 50 Minutes from Austin,TX ( Population of 965,000)
– Single Family
– 3 Bedroom, 2 Bath ๐๏ธ๐๏ธ๐๏ธ/ ๐๐
– 1,272 Square Feet
– Built in 2003
– NO HOA/NO RESTRICTIONS
– Will be performed as a Mirror Wrap or Contract for Deed
.
๐ก๐ข๐ง๐ ๐๐๐ง๐๐๐๐ฆ :
– $189,000 Loan Balance
– 5.125% Interest Rate
– $1,945.21 Monthly PITI (P&I of $1,050.86)
– Solar Panel Balance is Additional
– Solar Panel Balance of $27,986
– Solar Panel Payment of $153.95
– PITI + Solar Payment = $2,099.16
.
.
๐ฅ๐๐ก๐ง๐๐ ๐ฅ๐๐ง๐๐ฆ :
– LTR of $1,800-$2,000 (Estimate)
– MTR (PadSplit) of $120-$130, per room, weekly (Pulled from Killeen and Temple) (Estimate)
– MTR (FurnishedFinder) of $2,000-$3,000/m (Estimate)
– STR (data.rabbu) of $135/night (Estimate)
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๐ช๐ฅ๐๐ฃ ๐๐ซ๐๐ง ๐ฆ๐ง๐ฅ๐๐ง๐๐๐ฌ ๐๐ซ๐๐ ๐ฃ๐๐:
– Purchase Price of $260,000
– Down Payment of $17,000 (6%)
– Loan Balance of $244,000
– 7.49% Interest Rate
– Principal & Interest Payment of $1,704
– $500/m Net Cash Flow
– 35% Cash on Cash Return (not including closing costs or wrap
down payment)
– $0 Invested on Day 1 if Including Wrap Down Payment (Plus Closing Costs)
.
.
๐ง๐๐ฅ๐ ๐ฆ :
– Cash to Close of $17,000 + Closing Costs
– ๐๐ฎ๐๐ต ๐๐ผ ๐๐น๐ผ๐๐ฒ ๐ฏ๐ฒ๐ถ๐ป๐ด ๐ณ% ๐ผ๐ณ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ๐ฑ ๐ฉ๐ฎ๐น๐๐ฒ
.
.
๐ฆ๐จ๐ ๐ ๐๐ฅ๐ฌ :
– $189,000 Loan Balance
– 5.125% Interest Rate
– $1,945.21 Monthly PITI (P&I of $1,050.86)
– Solar Panel Balance is Additional
– Solar Panel Balance of $27,986
– Solar Panel Payment of $153.95
– PITI + Solar Payment = $2,099.16
– Cash to Close of $17,000 + Closing Costs
– ๐๐ฎ๐๐ต ๐๐ผ ๐๐น๐ผ๐๐ฒ ๐ฏ๐ฒ๐ถ๐ป๐ด ๐ณ% ๐ผ๐ณ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ๐ฑ ๐ฉ๐ฎ๐น๐๐ฒ
– NO HOA/NO RESTRICTIONS
.
.
Rinse
And
Repeat ๐ค