Turnkey Investment Opportunity in Canyon Lake, TX 78133
Discover an exceptional investment opportunity with this beautifully renovated home in Canyon Lake, TX. Priced at $575,000, this spacious property includes a total entry fee of $50,000 (comprising a $40,000 down payment and a $10,000 assignment fee, plus transaction coordinator and closing costs). The property boasts a low 3.75% interest rate and a PITI of $2,792, broken down into $2,501 for principal and interest, and $291 for taxes and insurance. With a minimal HOA fee of just $2 per month, the property is an ideal candidate for rental income.
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This property not only offers immediate rental income but also significant cash flow potential with a monthly net of $698. The low entry fee, coupled with extensive renovations and a favorable interest rate, make it a lucrative addition to any investment portfolio. Act fast to secure this prime real estate in a desirable location near Canyon Lake.