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INVESTOR CASE STUDY: Upgraded 2 Story Family Home in Kyle

January 3, 2018 | By Schuyler Williamson

Property Need: Property under $250K, south between Buda and San Marcos, minimal maintenance, cash flow above $100 per month, and 20% return with appreciation.

Subject Property: 2-Story home in Kyle, great access to I-35, 3 bedrooms, 2.5 bathrooms, 2,412 SqFt.

013-255366-110 Juniper Cir 013_5838654

Financials:

  • List Price: $214,900
  • Lease: $1,650 per month
  • Taxes: $5,820
  • $45 quarterly HOA Fee
  • Down Payment: 20%
  • Projected Hold Period: 5 Years
  • Total Cash Contributions by Investor: $46,051.74

 

Results: 

We found this corner lot property on a cul-de-sac in a Kyle neighborhood. The turn-key home was recently upgraded with new interior paint and new flooring throughout. The home was purchased $8,400 less than list price with a brand-new roof paid for by the Seller during the contract period. Maintenance of this property into the future will be very minimal. The home will available for lease less than a week after closing on the property.

The investor’s projected return is greater than 20% with more than $280 per month in projected cash flow. 

030-255366-110 Juniper Cir 028_5838669

Investing in real estate doesn’t have to be a full-time gig. Let us help you find the right opportunities to make your money make you money. If you are interested in being a part of our investor email distribution list or seeing similar available properties, email Schuyler at schuyler@wgrouprealestate.com.