342 Mistflower

New Braunfels, TX 78130
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3 bd, 2 ba | 1,510 sqft | Built in 2019

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$1,700

Total Return

$90,034

Annualized Return

18.5%

Cap Rate

5.0%

Gross Yield

8.5%

Cash Flow

-$1,597

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,792

HOA

$18/mo

Flood Risk

Not Required

RENT-TO-OWN OPTIONS and SPECIAL INCENTIVES AVAILBLE WITH PREFERRED LENDER - reach out for details Welcome home to this newer (2019 build), 1-story, open-concept home with fresh paint, tile throughout the living spaces and a BONUS room that would be perfect as an office/study, playroom or media room. The kitchen features sparkling granite countertops with an eat-in breakfast bar, matching black appliances (two fridges negotiable) and ample storage space. The home is fully fenced and even has a large doggie door already installed in the back door for your fur babies. The separate laundry room is in the heart of the home making laundry a breeze and includes additional storage space and a negotiable washer and dryer set. This home is perfect for a small family, someone who works remotely, a first-time home buyer or those looking to downsize and enjoy the comfort and convenience of this quiet, family-friendly neighborhood. With only a short drive to Creekside and less than 15 minutes to downtown New Braunfels, you have easy access to a variety of shopping, entertainment and restaurants to enjoy. Plus, this home has easy access to I-35 for commutes to San Antonio or San Marcos. Schedule your own private tour today!

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,379

Property Taxes

-$4,550

Loan Payments

-$13,048

Net Cash Flow

-$1,597

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:Diana Martinez
Keller Williams Heritage
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1824951
Last Updated: 11/21/2024 23:11
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