Pending Inventory

PURCHASE PRICE (INCLUDING ASSIGNMENT): $274,880.94

COE: On or Before 06/20

PROPERTY DETAILS-

• Bedrooms/Bathrooms: 3 Bed /2 Bath
• Living Area: 1,500 Sq Ft
• Year Built: 2021
• Condition: Turnkey
• HOA: $37/mo
• Rental Restrictions: Min. 6months lease – PLEASE REVIEW CCRS IN THE DOCS

FINANCIAL OVERVIEW

• Purchase Price (Inc. Assignment): $274,880.94

• Entry Fee: $23,000 + Closing Costs & TC Fee ($1,250)

o Cash to Seller/Agent: $13,000

o Assignment Fee: $10,000

o Arrears: $0

EXIT STRATEGIES

• LTR (Long-Term Rental): $1,970/mo (Rentcast)
•  MTR (Mid-Term Rental): $2,200/mo
• Section 8: $2,484/mo (HUD - FMR - Click here)
• Wraparound Resale
• Homestead Buyer Opportunity

LOAN INFORMATION-

• Mortgage Balance: $251,880.94
• Interest Rate: 4.125%
• PITI: $1,913.13
• Principal: $425.90
• Interest: $864.38
• Escrow (Taxes & Insurance): $622.85
• Loan Servicing: $18/mo (Weststar)

PURCHASE PRICE (INCLUDING ASSIGNMENT): $517,500

COE: ON OR BEFORE 06/03

PROPERTY DETAILS-

• Bedrooms/Bathrooms: 3 Bed / 2 Bath
• Living Area: 1,923 Sq Ft
• Year Built: 1986
• Condition: Turnkey
• HOA: NO
• Pool: Yes
• Rental Restrictions: No rental restrictions

FINANCIAL OVERVIEW-

Purchase Price (Inc. Assignment): $517,500

Entry Fee: $52,500 + Closing Costs & TC Fee ($1,250)

EXIT STRATEGIES-

• LTR (Long-Term Rental): $2,953 (Zillow rental estimate)
• STR(Short-Term Rental): $53K/yr gross revenue = $40.2K/yr Net payout after expenses (Currently a cashflowing STR)
• MTR (Mid-Term Rental): $3,000-$3,500 (Furnished Finder)
•  Co-Living: $2,100-$2,250/mo
• Wraparound Resale
• Homestead Buyer Opportunity

LOAN INFORMATION-

• Mortgage Balance: $416,139.38
• Seller Carryback: $48,860.62 (0% interest and $0 monthly payments. Due after 7yrs)
• Interest Rate: 3.85%
• PITI: $2,729.80
• Principal: $732.33
• Interest: $1,335.11
• Escrow (Taxes & Insurance): $662.36
• Loan Servicing: $18/mo (Weststar)
• Total Monthly Payment: $2,747.80

PURCHASE PRICE (INCLUDING ASSIGNMENT): $205,959.89

COE: ON OR BEFORE 05/26

PROPERTY DETAILS-

• Bedrooms/Bathrooms: 3 Bed / 2.1 Bath
• Living Area: 1,452 Sq Ft
• Year Built: 1973
• Condition: Turnkey
• HOA: Yes - $392/mo
• Rental Restrictions: No restrictions

FINANCIAL OVERVIEW-

Purchase Price (Inc. Assignment): $290,163.00

ARV: $310,000 - $320,000

Entry Fee: $26,000 + Closing Costs & TC Fee ($1,250)

EXIT STRATEGIES-

• LTR : $2,000 - Rentometer, Rentcast
• STR : $3,000 – $3,200 AirDNA
• MTR : $2,800 – $3,000 Furnished Finder
• Co-Living: $700–$800 per room (~$2,100–$2,400 total) Padsplit, Facebook Marketplace
• Section 8: $2,270 (FY2025) HUD.gov (ZIP 75043, 3 bed)
• Wraparound Resale
• Homestead Buyer Opportunity

LOAN INFORMATION-

• Mortgage Balance: $169,144.89
• Interest Rate: 3.625%
• PITI: $1,652.79
• Principal: $318.41
• Interest: $510.00
• Escrow (Taxes & Insurance): $824.38
• Loan Servicing: $18/mo (Weststar)
• Partial Claim balance: $10,815 (just due when the property is sold or refinanced)