? Owner Financed! 5-Year Balloon?
"Wrap Strategy, Rent to own strategy, Short-term rental, Long term rental, low entry fee"
? 8691 N Loop Dr, El Paso, TX 79907 ?
Price drop! $15k entry fee
-6-Bed/2-Bath
-2582 Sq? Feet, Gorgeous backyard oasis
-Beautiful wood throughout
-Granite countertops, Ceramic tile
-Spacious rooms, Gated brick home
-Rental ready
-Arv room to grow.
Asking price $325,000
$15k entry fee
$1800 a month payment with 6% interest amortized 42 years.
5- Year Balloon payment $325,000
Arv- $400k+
$10k assignment fee
$5k to seller
$15,000 entry fee + closing costs and tc.
-STR $2,916 AirDNA $35,000 Annually
-This property will make a great rental or wrap. The home is paid off. Average rent for that size home is around $2200, AirDNA $2,916 a month, $35,000 annually.
-Current long-term but month to month renter is paying $1800. Can increase.
-Sober living strategy would rent out each room for $600 and gross $3600 a month.
Call Benny: 915-301-8702
