7154 Capricorn Way

Converse, TX 78109
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5 bd, 3 ba | 2,648 sqft | Built in 2016

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List Price
$315,000

Initial Investment

$85,838

Purchase Price

$315,000

Down Payment

25%

Rent

$2,120

Total Return

$100,128

Annualized Return

15.7%

Cap Rate

4.1%

Gross Yield

8.1%

Cash Flow

-$4,724

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,997

HOA

$36/mo

Flood Risk

Not Required

Seller is offering $6,000 in concessions towards buyer closing costs or rate buydown! This meticulously maintained 2 story home is only 8 years old, features a NEW Architectural Shingle Roof, is move-in ready and has plenty of space for everyone! Upon arrival you are greeted by a welcoming covered front porch which leads into a grand entry way. Double glass panel doors leading into an open office space which provides flexibility for those who work from home. The well thought out floor plan of this home features a functional layout with tall ceilings, lots of natural light, tilt-in windows with 2" blinds and tile floors throughout the heavy traffic areas on the first floor. The open kitchen features 42" upper cabinets, large island, stainless steel appliances, granite countertops, French Door Refrigerator and TONS of cabinet & counter space. Downstairs you will enjoy a bonus bedroom with full bathroom nearby, making for an ideal Guest or In-Law Suite. Upstairs you will find all new carpet throughout, an additional living space and 4 bedrooms. The Primary Suite is spacious and includes a walk-in closet, full bathroom with double vanity & full sized walk in shower! Oversized 2 car garage with overhead storage racks and water softener loop. This home has it all except for a New Owner, stop by and take a look today! Community pool & park, close proximity to schools, convenient commute to Randolph, Lackland or Fort Sam.

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

Annual Financial Highlights

Expected Rent

$24,168

Expenses

-$4,367

Property Taxes

-$7,400

Loan Payments

-$17,125

Net Cash Flow

-$4,724

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:Tom Betsill
Texas Edge Realty
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1762090
Last Updated: 03/28/2024 05:03
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