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$193000 Gordon House--Cash flow over $350 per month---22% C- on-C Return (Austin Area, TX)


Reply to: hous-671868384@craigslist.org
Date: 2008-05-07, 2:50PM PDT


  Cash-Flow Investment House Opportunity.....12% Cap
22% Cash-on-Cash Return

Yearly Income: 24,000
Expenses:
Taxes................. 3,526.00
Insurance..........1100.00
Mgt....................1920.00
Net Op. Income....17,454.00

Debt Service..........13174.00
(10%DP 6.5 IR 30 fixed)

CashFlow..........$4,279per year

 Approximate Sqft. 2026

 4 Bedrooms 2 Baths With Full Size Washer Dryer, Two Refrigerators, Riding Lawn Mower, Sits on 1 Acre,

    Mixture of Tile and Wood Floors, Fenced Back Yard, 3 Car Garage with Attached Car Port

    Year Built = 1993

 Excellent Location, Close to Campus, Located on The Universities Bus Route, 

 No Renovations Needed, Great Condition

   Fully Rented Until May 6th of 2009

 Great Cash Flow - See Above!

 Management-in-Place

 Property is Zoned Multi-Family (Highly Desired Among Renters)

 Turnkey Property

 Little to No Maintenance

 Beautiful Country Setting With Room For Appreciation

 This one smells like money!  


Call or e-mail Tyler  for more information
Tyler Williams
Investment Property Expert & Consultant
Great Locations Realty
512-738-6882
tyler@glsanmarcos.com
www.TylerWilliamsSells.com

 

 

 

 

 




PostingID: 671868384



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