117 Creek Run

Cibolo, TX 78108
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4 bd, 2 ba | 1,795 sqft | Built in 2006

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List Price
$288,700

Initial Investment

$78,671

Purchase Price

$288,700

Down Payment

25%

Rent

$1,960

Total Return

$80,566

Annualized Return

14.5%

Cap Rate

4.6%

Gross Yield

8.1%

Cash Flow

-$3,191

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,502

HOA

$20/mo

Flood Risk

Not Required

ASSUMABLE VA LOAN WITH A 3.99% INTEREST RATE** PREFERRED LENDER IS OFFERING A 1-0 VA BUY DOWN. Beautiful well maintained attractive one-story home offers 4 bedrooms and 2 baths. Lots of natural light. Enjoy your winter evenings relaxing by this beautiful fireplace. Tile flooring in main areas. Granite-style kitchen with updated cabinets. Ceiling fans are a plus in bedrooms and family room. Large primary bedroom walk in closet. Water softener and microwave were recently replaced. Freshly sodded front yard. Located minutes from Randolph Air Force Base and I-35, shopping and dining.

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Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$4,219

Property Taxes

-$5,620

Loan Payments

-$15,695

Net Cash Flow

-$3,191

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Cynthia Manak
LPT Realty, LLC
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1796160
Last Updated: 07/26/2024 13:07
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