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4BR Home in Austin , TX
About This Property
SELLER FINANCING | 20% DOWN | 6% INTEREST | 13.16% AFTER STR DESIGN ๐ 7007 Fred Morse Dr, Austin, TX 78723 4 BED | 2.5 BATH | 2,048 SQUARE FEET ๐ฐ Sales Price: $$649,000 The property is located: ๐ Mueller District: Approx. 10 minutes to restaurants, shopping, parks, the Thinkery, and Alamo Drafthouse. ๐ Downtown Austin: Approx. 15โ20 minutes to 6th Street, Rainey Street, live music, and nightlife. ๐ University of Texas: Approx. 15 minutes to campus, DKR Memorial Stadium, and Moody Center concerts and events. ๐ East Austin Entertainment District: Approx. 15 minutes to popular restaurants, breweries, bars, and nightlife. ๐ Austin-Bergstrom International Airport: Approx. 15โ20 minutes. ๐ Dell Children's Medical Center: Approx. 10 minutes. ๐ Outdoor Recreation: Convenient access to Little Walnut Creek Greenbelt, Mueller Lake Park, and area trails. ๐ Moody Center & Bass Concert Hall: Approx. 15โ20 minutes for concerts, sporting events, and performances. Seller Finance Terms: โ Down Payment: Contact for details (20.00%) โ Interest Rate: 6% โ PI Payment: Contact for details โ years Returns with Property Manager (based on current pro forma): ๐ฐ STR Gross Revenue: Contact for details/month or Contact for details/year ๐ฐ Monthly Contact for details ๐ฐ Annual Contact for details ๐ฐ ๐ฐ Cash on Cash: 13.16% ๐ฐ First Year Depreciation for Taxes: Contact for details ๐ฐ 1-year Return: 38.76% ๐ฐ 5-year Return: 193.80% STR Returns with Self-Management (based on current pro forma): ๐ฐ STR Gross Revenue: Contact for details/month or Contact for details/year ๐ฐ Monthly Contact for details ๐ฐ Annual Contact for details ๐ฐ ๐ฐ Cash on Cash: 22.38% ๐ฐ First Year Depreciation for Taxes: Contact for details ๐ฐ 1-year Return: 47.98% ๐ฐ 5-year Return: 239.92% โ ๏ธ PLEASE DO YOUR OWN DUE DILIGENCE ON ALL STATED ASSUMPTIONS ๐ฑ DM, text, or call for the address, a private showing, or to be added to my buyers list for exclusive investment opportunities, including off-market deals and creative financing options.ใ ค Beth Perkins, REALTORยฎ, RSPS, CPA, MBA Texas Real Estate Strategist ๐ฑ (786) 322-3646 ๐ง
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