1208 W Spring Creek Pkwy
Plano, TX 75023
List Price
$295,000
Initial Investment
$80,388Purchase Price
$295,000
Down Payment
25%
Rent
$2,420
Total Return
$116,049
Annualized Return
19.3%
Cap Rate
5.4%
Gross Yield
9.8%
Cash Flow
-$1,208
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Lot Size
9,583
HOA
None
Flood Risk
Not Required
Lots of potential home, ideal for investors to fix up home, granite countertops in kitchen. Hot water heater replaced October 2022. Roof replaced 2018 and 2022 hot water heater
See more in Analysis
Joel Broyles
WhiteRock SFR, LLC
TX Agent License #0523719
Annual Financial Highlights
Expected Rent
$27,588Expenses
-$6,608Property Taxes
-$6,150Loan Payments
-$16,038Net Cash Flow
-$1,208See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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.
Similar Listings
Listing Courtesy of:Shelli McBrayer
RE/MAX DFW Associates
RE/MAX DFW Associates
Certified Agent Brokerage:Joel Broyles
WhiteRock SFR, LLC
TX Brokerage License 0523719
WhiteRock SFR, LLC
TX Brokerage License 0523719
SourceNorth Texas Real Estate Information Systems, Inc.
MLS #20282591
Last Updated: 03/18/2023 01:03
MLS #20282591
Last Updated: 03/18/2023 01:03