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Updated 9 months ago on . Most recent reply

User Stats

16
Posts
10
Votes
Jim Moore
  • Investor
10
Votes |
16
Posts

South of Austin, TX | Brand New Construction SFR Investment

Jim Moore
  • Investor
Posted

My team closed on a brand new construction sfr this week in a master-planned community just South of Austin, near San Marcos.... We have access to a few more!!

Price - $299,000

Preferred Lender rate - 4.75% on a 10/6 arm

Rent per unit - $2,000 +/-

3bed | 2bath 1,500 sq feet

Financials - 25% down, 4.75% rate, monthly cash flow roughly $200

Builder warranty included. Rented in less than 14 days. Check all the boxes for our remote investor from California looking to control risk, cash flow, and depreciation strategy.

  • Jim Moore
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