4 Bed/2 Bath in Killeen, TX

Turnkey 4 Bed/2 Bath Single Family Home in Killeen, TX – No HOA

This vacant, turnkey property in Killeen, TX, is a prime investment opportunity with multiple exit strategies. The home features 4 bedrooms and 2 bathrooms, making it an ideal candidate for various rental markets. With no HOA, you have full flexibility in managing the property.

Exit Strategy:

• Long-Term Rental Rate: $1,650 – $1,700 per month (Rentcast.io)
• Mid-Term Rental Rate: $2,300 – $2,500 per month (Furnished Finder)
• Short-Term Rental Rate: $2,722.50 per month (AirDNA)
• WRAP: $2,500 – $2,700 per month
• Padsplit: $2,960 per month

Subject to Terms:

• Underlying VA Mortgage Balance: $197,286.99
• Interest Rate: 2.99%
• Principal & Interest (PI): $1,073.64
• Escrow: $354.17
• PITI: $1,427.81
• Mortgage Maturity Date: 2052

Solar Loan:

• Outstanding Balance: TBD
• Monthly Payment: $220.00
• Total Monthly Payment (PITI + Solar): $1,647.81

Entry Fee:

• Arrears: $30,074.00
• Realtor Commission: $6,000.00
• Assignment Fee: $5,000.00
• Total Entry Fee: $45,000.00 + Closing Costs + Transaction Coordinator

The terms are negotiable, providing some flexibility for the right buyer. This property offers strong cash flow potential with its various rental strategies and favorable financing terms.

Details

Property ID
SPSP-18346

Bedrooms
4

Bathrooms
2

Property Size
1608

Entry Cost ($)
45000

APR (%)
2.99

PITI ($)
1428

Balance ($)
197287