Dear friends,
Decided to sell, then the tax advisor said better not to sell, then we discussed further and the result is: I am selling it!!!
If you are interested in a cash-flowing long term rental investment with lots of upside value in a
booming suburb of Austin (Kyle)-
this is the deal for you!
More about growing Kyle with its new Community College Campus and state- of-the-art Medical Center:
http://kyleed.com/ .
Located in the beautiful community of Amberwood- only 20 minutes drive to Austin!
This is an investment for both cash-flow and appreciation!
177 Amber Ash, Kyle, TX
3bedrooms/2baths- 1450 sqft, built in 2004
Long term, stable tenant
Sales price: $152,900 ( based on actual sales in the last 6 months- not Zillow)
Downpayment: $38.2K (for qualified US borrowers only)
Rent: $1300
Estimated yearly cash flow for loan purchase*: $ 4656 Cash-on-cash return: 12%!
Estimated yearly cash-flow for cash purchase * $11736 Cash-on-cash return: 7.67%
Need the reasons for investing in this property?
1. Excellent location, Kyle is located on the way from Austin to San Antonio, developing fast and the community is the closest to Austin- easy to rent and sell.
2. House is in excellent condition, built in 2004 and has very clean tenants- low maintanance costs.
3. You do not need property management, tenants deposit the rent every month in your bank account- lower expenses and less headaches!
4. Solid tenant- has been there for two years, wants to stay at least 4 more years. Always pays on time!
Contact me for pics and additional information: naomiesal@gmail.com
First come- first served!
_________________________________________________________________________________
* Information deemed to be reliable but not guaranteed. Investors are advised to conduct their own due diligence before purchase.
Naomi Salpeter is the property's owner and a realtor licensed in AZ.
.jpeg)