18405 Quiet Range Dr
Elgin, TX 78621
List Price
$368,900
Initial Investment
$100,525Purchase Price
$368,900
Down Payment
25%
Rent
$2,110
Total Return
$131,345
Annualized Return
16.3%
Cap Rate
2.9%
Gross Yield
6.9%
Cash Flow
-$9,736
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,827
HOA
$40/mo
Flood Risk
Not Required
Welcome to the Rio, a magnificent two-story residence offering the ultimate in luxury living in Homestead Estates! This stunning home features 4 bedrooms, 2.5 bathrooms, and an open layout that is perfect for entertaining. Step inside to discover a wealth of included upgrades, including energy-efficient kitchen appliances, granite countertops, and designer wood cabinetry. With a Wi-Fi-enabled garage door opener, convenience is at your fingertips. Plus, with its prime location just east of Austin, residents enjoy easy access to Elgin High School, parks, and downtown attractions. Don't miss out on this incredible opportunity – schedule your tour of the Rio today!
See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683
Annual Financial Highlights
Expected Rent
$24,054Expenses
-$4,035Property Taxes
-$9,700Loan Payments
-$20,055Net Cash Flow
-$9,736See 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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TX Brokerage License 9000203
SourceAustin/Central Texas Real Estate Information Service (ACTRIS)
MLS #5782957
Last Updated: 04/25/2024 19:04
MLS #5782957
Last Updated: 04/25/2024 19:04