Rental Income in Seguin – Lopez Sold

  • $47,000
  • 2 beds
  • 1 baths
  • 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%

 

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

Call (210) 363-4620 for more details

Property Location