Rental Income in Seguin – Lopez Sold

$47,000 2 bd, 1 ba, 740 sqft

This Single Family Home is located at 303 Lopez in Seguin, Texas. The home provides approximately 740 square feet of living space. This property features 2 bedrooms and 1 bathroom. This house was remodeled in 2000. This property has a fenced backyard with a large storage building.  This house was rewired in 2000 and all appliances are electric. This house has a metal roof with a solid pier and beam foundation.  From a comparative market analysis view the property should be worth $55,000. Currently occupied.  Tenants has just started a 2nd 1 year lease.

 

$47,000 PRICE
Monthly Annually
Rent Rate $595 $7,140
Insurance $35 $420
Taxes $37 $444
Management $0 $0
Maintenance & Vacancy $89 $1,071
Net Income $434 $5,205
Return on Investment 11.08%
 

 

20% Down $9,400
Loan Payment -$176.61 ($2,119.37)
Net after Payment $257.17 $3,086.05
Cash-on-Cash Return 32.83%

 

Property Details

Price:
$47,000
Address:
303 Lopez
City:
Seguin
State:
TX
Zip Code:
78155
Year Built:
1950
Terms:
For Sale
Property Type:
Home
Square Feet:
740
Bedrooms:
2
Bathrooms:
1
Const. Type:
Pier and Beam

Call (210) 363-4620 for more details

Property Location

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!